WNI 0.00% 5.6¢ wah nam international holdings limited

wah nam inter holdings listing 10/1/11

  1. 9,537 Posts.
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    Guys the above is listing next Monday 10/1.
    Might be worth a look.
    It as already listed on the Hong Kong exchange,it has currently announced off market takeovers for Brockman Resources & Ferraus Ltd.
    I think it has about 22% of Brockman & 20% OF Ferraus.
    If the takeovers were successful Wah Nam would be one of the largest independant iron pre producers in the Pilbara,with forecast mkt cap of A $1.8 bn at the IPO price and cash of approx $200m.
    The company is an investment holding company and has been listed on the Hong Kong exchange since 2002.
    Since it's establishment the company has been involved in various business activities,acquired the Damajianshan copper mine in China near the border of Vietnam in 2008.
 
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Currently unlisted public company.

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