Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Update on Separation Transaction

12th Feb 2014 07:00

RNS Number : 8762Z
Asia Resource Minerals PLC
12 February 2014
 



 

 

 

12 February 2014

For Immediate Release

 

Asia Resource Minerals plc ("ARMS" or the "Company")

 

Update on Separation Transaction

 

ARMS announces that it has been informed by the Bakrie Group that it is not able to complete the Separation Transaction in accordance with the current February 2014 timetable and a request has been made by the Bakrie Group to extend the timetable to completion. The Company is engaged in discussions with the Bakrie Group to understand the reasons for this further delay and how long that delay needs to be and will consider this request for an extension based on those reasons. A further announcement will be made shortly.

 

- ENDS-

 

For enquiries, please contact:

 

Asia Resource Minerals plc

 

Sean Wade

+44 (0) 20 7201 7511

RLM Finsbury

 

Ed Simpkins / Charles O'Brien

+44 (0) 20 7251 3801

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STREAKAAFDDLEEF

Related Shares:

ARMS.L
FTSE 100 Latest
Value8,275.66
Change0.00