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Wilton Resources (5F7)
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guoyanyunyan
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16-Dec-2013 09:54
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Singapore, 14 December 2013 ? Shares of Wilton Resources Corporation Limited (?Wilton Resources? or ?the Company?), form erly Hartawan Holdings Limited (?Hartawan?) will commence trading on December 16 2013 (Monday), marking a new chapter as a SGX Catalist-listed corporation involved in gold exploration and mining in Indonesia. The commencement of trading follows the completion of a reverse takeover (?RTO?) of Catalist-listed Hartawan by Wilton Resou rces Holdings Pte. Ltd. (?WRH?), an investment holding company controlled by experienced entrepreneurs, Mr. Wijaya Lawrence of Indonesia and , Mr. Patrick Ngiam of Singapore. At an EGM held on 21 Oct 2013, shareholders of Hartawan approved the issue of 1.5billion post-consolidation consideration shares, representing approximately 68.77% of the enlarged share capital of 2.2 billion shares, at S$0.20 each to WRH?s shareholders and approved the change of name and new corporate identity. Following the RTO, Mr. Wijaya Lawrence ? a successful entrepreneur with mining experience has been named President and Executive Chairman of the Group. Mr Patrick Ngiam ? has been named Non-Executive Director. The RTO marks a transformation of the Company from a property leasing/management and hospitality company to a gold mining firm. Its concessions in West Java have a Total Resources of 1,176,000 oz (36,580 kg) of gold (au) with 557,300 oz (17,333kg) of gold (au) in Proved and Probable Ore Reserves under JORC code. ?This is indeed a proud day for Wilton Resources as we commence a new chapter as a corporation listed on a well-regarded international exchange such as the SGX,? Mr. Wijaya Lawrence said. ?As a listed entity with a new strategic direction, we endeavour to enhance and sustain value for our stakeholders and uphold high standards of corporate governance.? ?Wilton Resources intends to continually carry out exploration works such as drilling, to further discover and upgrading of the gold resources estimates. Wilton Resources has also already focused on developing facilities to hasten the gold dore production phase? he said. |
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guoyanyunyan
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16-Dec-2013 09:31
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Indonesian Gold Mining Company Wilton Resources Completes RTO To Commence Trading on SGX Catalist On Dec 16, 2013 http://infopub.sgx.com/FileOpen/Wilton_Completion_of_RTO_FINAL.ashx?App=Announcement& FileID=267815 |
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guoyanyunyan
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16-Dec-2013 09:29
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formerly: Hartawan Holdings Limited ...last: $0.188 ...recent low $0.130... Listed on 27 January 2005 on SGX Sesdaq a shipping group focusing on ship chartering in the China market. Its ship chartering business, based in China, has operations spanning China, North Asia Pacific and South East Asia. The Group currently owns and charters out one container and eight cargo vessels. It provides crew and equipment, technical operation and ship navigation support to charterers. The Group has a supporting business in property leasing and management, which leases and manages 13 properties in Singapore. These properties are used for a variety of purpose, including dormitories, hostels, warehouses, offices, retail and hotel. |
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