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BNPJY Banpu Public Company Ltd (PK)

4.35
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Banpu Public Company Ltd (PK) USOTC:BNPJY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 4.35 1.75 4.20 0.00 21:02:10

Banpu To Make Tender Offer For Hunnu Coal At A$1.80/Share

12/09/2011 4:44am

Dow Jones News


Banpu Public (PK) (USOTC:BNPJY)
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Thai coal miner Banpu PCL (BANPU.TH) said Monday it plans to make a cash tender offer to buy the 88% of Australia-listed Hunnu Coal Ltd. (HUN.AU) it doesn't already own at A$1.80 a share.

Hunnu has several pre-development coal projects in Mongolia.

Hunnu's board has unanimously recommended that the company's shareholders accept Banpu's offer in the absence of a superior proposal, Banpu said in a statement to the Stock Exchange of Thailand.

-By Phisanu Phromchanya, Dow Jones Newswires; 662-690-4200; phisanu.phromchanya@dowjones.com

1 Year Banpu Public (PK) Chart

1 Year Banpu Public (PK) Chart

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1 Month Banpu Public (PK) Chart