Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Real-Time Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
RTNominal down0.720 -0.030 (-4.000%)

04/01/2013 11:02

Bestway (00718) says 56 ha Mongolia mining license cancelled

[ET Net News Agency, 4 January 2013] Bestway International (00718) said about 56
hectares of the mineral mining license currently held by the Group covering around 689
hectares located in Hovd Gol, Tsengel Soum, Bayan-Ulgii Aima, Mongolia was cancelled due
to the implementation of The Law of Mongolia on Prohibiting Mineral Exploration and Mining
in the Area of the River and Water Stream Origin and Basins and in the areas of the
The area represents about 8% of the total areas covered by the license. Following the
cancellation, the area covered by the license was revised to about 633 hectares. As such
cancelled areas do not cover any resources, Bestway is of the view that the cancellation
will not significantly affect the volume of resources covered by the license.
Trading in the shares of Bestway will remain suspended until further notice. (HL)

Remark: Real time quote last updated: 15/06/2018 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2018 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.