Wanguo International Mining Group's (HKG:3939) board is proposing to change the companyâs English name to Wanguo Gold Group, a Thursday bourse filing stated.
The change is subject to shareholder and regulatory approvals.
Wanguo said the change would better reflect the companyâs strategy and future development, with the expectation that gold mining and processing will soon become a major revenue and profit contributor to the group.
Shares of the miner closed nearly 2% higher on Thursday.
Price (HKD): $7.05, Change: $+0.11, Percent Change: +1.59%
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