KUALA LUMPUR: MUI Properties Bhd
’s unit, Cesuco Trading Ltd, will be converting an Australian dollars US$1.5mil secured convertible note in an Australian gold exploration company into ordinary shares.
In a filing with Bursa Malaysia, MUI Properties said that Cesuco Trading Ltd, its Hong Kong-based investment company, had advised Nex Metals Explorations Ltd of its decision to exercise the share conversion.
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