AKM 1.69% 30.0¢ aspire mining limited

foreign investment mongolia, page-2

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    This is the crucial part for AKM:

    Speaker of Parliament informed the BCM earlier this week that it had revised the initial draft of the law to remove the most controversial aspect of the proposal, a requirement of 51 percent Mongolian government ownership.

    It means AKM can still be a target for a takeover although it goes without saying a non-Chinese non-state owned suitor would be preferred.
 
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