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  • dc2011-4532 MRC

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    DanielCruz
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    MRC is looking at a $98 million valuation or 49% participation in the new company (NEWCO) that will be listed in the Australian Exchange (ASX) MRC expects a price per share of PHP2. To PHP3.00 upon its completion. The decision was reached by the company in the light of the ongoing negotiations between MRC and a group of Australian investors for the development of the surigao mines.

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    dc2011-4532_MRC

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    MRC is looking at a $98 million valuation or 49% participation in the new company (NEWCO) that will be listed in the Australian Exchange (ASX) MRC expects a price per share of PHP2. To PHP3.00 upon its completion. The decision was reached by the company in the light of the ongoing negotiations between MRC and a group of Australian investors for the development of the surigao mines.

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    6 просмотров1 страница

    dc2011-4532 MRC

    Загружено:

    DanielCruz
    MRC is looking at a $98 million valuation or 49% participation in the new company (NEWCO) that will be listed in the Australian Exchange (ASX) MRC expects a price per share of PHP2. To PHP3.00 upon its completion. The decision was reached by the company in the light of the ongoing negotiations between MRC and a group of Australian investors for the development of the surigao mines.

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    Attribution Non-Commercial (BY-NC)
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 1

    A Member of the Philippine Stock Exchange

    June 15, 2011 PHILIPPINE STOCK EXCHANGE 3/Floor, Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue, Makati City Attention: Gentlemen: We are pleased to report that we have received a letter from Menlo Capital Corporation (Menlo) confirming its decision that it will retain its controlling interest in MRC Allied Inc. According to Menlo, this decision was reached by the company in the light of the ongoing negotiations between MRC and a group of Australian investors for the development of the Surigao Mines wherein MRC is looking at a $98 million valuation or 49% participation in the new company (NEWCO) that will be listed in the Australian Exchange (ASX), and it expects a price per share of PHP2.50 to PHP3.00 upon its completion. Rest assured that we shall keep your office informed on updates on these matters. Thank you very much. Very truly yours, MS. JANET ENCARNACION Head, Disclosure Department

    BENJAMIN M. BITANGA President & CEO

    ATTY. GLADYS N. NALDA Corporate Secretary

    5/F Eurovilla 4 Building, 853 Arnaiz Avenue, Legazpi Village, Makati City, Metro Manila Tel. No. (02) 846 7910 New Cebu Township One (NCTO), Barangay Cantao-an, Naga, Cebu Tel. No. (032) 272 6572

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