Ceramic tile maker buys 30 pct of mineral firm
Thanh Thanh Joint Stock Company has informed the Ho Chi Minh Stock Exchange that it has acquired a 30 percent share in Linh Vu Tran Mineral Developing and Processing Co., Ltd.
The HCMC-listed ceramic floor and wall-tile maker did not disclose the price it paid to the latter which is valued at VND3 billion (US$187,905).
Linh Vu Tran plans to exploit a 108-hectare betonite mine in Binh Thuan Province, more than 200 kilometers from HCMC.
Thanhnien
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