Resources Global Development Limited (SG:QSD) has released an update.
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Resources Global Development Limited (RGD) is expanding its coal mining portfolio by acquiring a 30.1% interest in an Indonesian coal mine, boosting its total coal reserves to 226 million tonnes. This strategic move complements RGD’s existing shipping services and marks its foray into coal handling, which encompasses mining and trading activities. Additionally, RGD is proposing a share split to enhance trading liquidity and investor accessibility.
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