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Sino Construction Ltd acquires Signet Coking Coal International Ltd


Friday, 6 Jun 2014 08:02am EDT 

Sino Construction Ltd:Entered into a sale and purchase agreement (SPA) with Lighthouse Strategic Group Ltd (vendor), for the acquisition of shares constituting 51 pct of the entire issued share capital of Signet Coking Coal International Ltd.Completion of the acquisition is expected to take place on or before Aug. 5.The aggregate consideration for the purchase of the sale shares is the sum of $21 million. 

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