Shareholders of China Hanking Holdings (HKG:3788) will meet Sept. 12 to vote on the proposed sale of 100% equity interest in Primary Gold by unit HGM Resources to Huineng Gold, according to a Monday bourse filing.
The target company holds the company's gold exploration and gold mine development business and assets in the Northern Territory of Australia.
The parties had first entered into an agreement regarding the disposal in July.
Shares of the company closed over 1% higher on Monday.
Price (HKD): $0.85, Change: $+0.010, Percent Change: +1.19%
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