PETALING JAYA: Malaysia Smelting Corp
Bhd (MSC) has entered into an agreement to sell a stake with a call option in BCD Resources NL to Bendigo Mining Ltd, an Australian gold producer.
MSC told Bursa Malaysia yesterday that Bendigo would acquire 45 million shares or a 10.67% stake in BCD for 11.5 Australian cents apiece, valuing the stake at RM14.63mil.
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