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BANPU formed strategic partnership with Hunnu Coal

BANPU reported to the SET that Banpu Minerals (Singapore) (BMS), its wholly-owned subsidiary, has formed a strategic partnership with Hunnu Coal (Hunnu) by acquiring 30mn shares in Hunnu through a private placement at A$1.5 per share or a total of A$45mn (Bt1.4bn). Hunnu is an Australia-listed company that has several pre-development coal projects in Mongolia. (SET website)

ThaiVest Editorial Team