Showing posts with label GEAR. Show all posts
Showing posts with label GEAR. Show all posts

Sunday, April 26, 2015

Golden Energy and Resources (GEAR) new name for United Fiber System

Just completed $1.88 billion reverse takeover exercise by a Sinar Mas related entity

Name change effective 21st April 2015

Reverse Take Over (RTO) completed 20th April 2015

New business will now focus on

1. Coal mining

2. Forestry

3. Trading businesses of GEAR post-RTO


226.5 million share placement will be conducted

Search 2.0