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​C&G Environmental Protection agrees to reverse takeover by India's Sainik-Aryan Group

( December 29, 2017, 04:14 GMT | Official Statement) -- MLex Summary: SGX-listed C&G Environmental Protection Holdings has agreed to a S$400 million ($299 million) reverse takeover by India's Sainik-Aryan Group, a coal energy company. Under the terms of the deal, C&G will acquire from Param Mitra Coal Resources all of the issued and paid-up shares of Param Mitra Coal Resources One, Param Mitra Coal Resources Two and Dragon Power Investments, and 76 percent of Unity Holding Business Singapore, together with its subsidiaries.(Summary continues)...

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