Directors’ Interests
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Thursday, 11 February, 2010 - 00:00
Rocklands Richfield executive chairman Pun Yan, or better known as Benny Wu, has extended his control of the company, lifting his shareholding to 51.1 per cent through the purchase of shares on-market totaling $71,388. The purchase comes as the coal miner terminated takeover talks with Indian company Jindal Steel and Power over unacceptable, and undefined, terms and conditions. It’s been rumoured that Jindal is outraged by the decision, and is seeking an explanation from Rocklands.
Lynas Corporation executive chairman Nicholas Curtis spent close to $1.8 million buying a parcel of shares on-market at a slight premium to the company’s trading price.