AL CIRCLE
Xinren Aluminium
Edited by : AL CIRCLE
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...DBS Vickers keeps call and raises the target price to S$0.76 from S$0.70 after the China-based aluminium producer announced its intention to acquire 100 per cent of the equity interest in two Chinese smelting plants, Liupanshui Shuangyuan and Yichang Changjiang, for an aggregate consideration of no more than 442.4 million yuan (S$85.4 million), to be financed by internal funds...
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