KUALA LUMPUR: OM Holdings Ltd
’s (OMH) wholly owned subsidiary OMH (Mauritius) Corp (OM Mauritius) has entered into a conditional binding agreement with Exxaro Resources Ltd to sell its entire 26% interest in Ntsimbintle Mining Proprietary Ltd (NMPL) for about US$101.4mil (RM436.5mil).
NMPL holds a 50.1% interest in Tshipi é Ntle Manganese Mining (Pty) Ltd (Tshipi) and operates the Tshipi Borwa Mine in South Africa, OMH said in a filing with Bursa Malaysia.
