[ET Net News Agency, 16 June 2014] National United Resources Holdings (00254) said it
agreed to acquire the entire issued share capital of Able Nice International Limited at
HK$290 million.
Able Nice group is principally engaged in international trading, logistic and storage
management of coal in Mongolia. It is licensed to operate international logistic business
between the Tavan Tolgoi coal mine in the South Gobi Province in Mongolia and the port of
Gan Qi Mao Du for years, with self-owned trucks and garages. It has also established a
12.5 hectares customs surveillance zone in Tsagaan Had of the South Gobi Province and a 3
hectares service zone next to the Tavan Tolgoi coal mine, with comprehensive
infrastructure setups, for supporting the expanding coal trading, transportation and
storage volumes. (HL)