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Yue Da Holdings, a toll-road operator evolving into a metals producer, is considering placing new shares to finance its latest acquisition, an iron and zinc mine in Yunnan province, said executive director Dong Liyong.
Yue Da steps up mine shiftYue Da Holdings, a toll-road operator evolving into a metals producer, will increase its investment in mining by acquiring an iron and zinc quarry, while disposing of a highway, market sources said.
Yue Da Holdings Limited (“Yue Da Holdings” or the “Company”, Stock Code: 629) is pleased to announce that the Extraordinary General Meeting (“EGM” or the “Meeting”) was convened in Hong Kong today, at which all resolutions were reviewed and duly passed.
