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Kiu Hung Energy Agrees to Acquire Coal Mines for HK$8.89 Billion

Aug. 22 (Bloomberg) -- Kiu Hung Energy Holdings Ltd. said today it agreed to acquire coal mines and licenses in China for HK$8.89 billion from Fast Glory Holdings Ltd. to be paid in cash and convertible notes. The company said its shares will resume trading tomorrow.

Link to Statement:{NSN L7JUEU3PR6RK <GO>}

Link to Company News:{381 HK <Equity> CN <GO>}

To contact the editor responsible for this story: Richard Frost at

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