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Nickel Asia completes exit from Palawan processing plant
In a stock exchange disclosure on Monday, NAC announced the signing of a share purchase agreement with Japanese partner Sumitomo Metal Mining Co., Ltd. involving its 15.625 percent stake in CBNC ...
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Nickel Asia formalizes exit in Coral Bay
In a regulatory filing, NAC said it signed the agreement with SMM for the sale of its stake in CBNC amounting to 15.625 percent of the firm’s total outstanding and issued capital stock.
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Nickel Asia to exit Palawan processing plant
Natural resources company Nickel Asia Corp. (NAC) is divesting its minority stake in Coral Bay Nickel Corp. (CBNC), a nickel processing operator in Palawan, due to unfavorable market conditions.
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Nickel Asia out to exit Coral Bay
"With the proposed sale of the CBNC shares, NAC has reclassified its ... amid a 1.2-percent drop for the benchmark Philippine Stock Exchange index.