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Blumont Group Ltd Scraps Proposed Investment In Cokal Ltd - Reuters


Friday, 4 Oct 2013 07:19am EDT 

Reuters reported that Blumont Group Ltd said on October 04, 2013 it had dropped a proposed takeover of Australian-listed coal explorer Cokal Ltd, hours after saying it had agreed terms on a proposed takeover of a foreign-listed coal firm. The Singapore bourse halted trading in Blumont on October 04, 2013 morning after its shares fell sharply following the announcement of its proposed investment. 

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