Trepang Services Submits Proposal for Takeover of Assets to AQC

摘要

On May 14, Australian Pacific Coal Limited (AQC), Australia made it clear that the proposal for takeover of the assets at Dartbrook coal mine in the State of NSW was submitted by its major shareholder, Trepang Services Pty Ltd. What Trepang Services proposed to take over is the land ownership and the water rights at Dartbrook coal mine, but the coal handling and preparation plant (CHPP), etc. are not intended for. The takeover amount Trepang submitted to AQC is a total of A$33,794,192, the breakdown of which is A$23,794,192 for the land and A$10 million for the water right. Trepang’s takeover proposal for the aforementioned assets is irrevocable, and the time limit is June 30.