SYDNEY, March 23 (Reuters) - Australian miner Straits Resources Ltd placed its shares on trading halt on Monday pending an announcement on a strategic review.
Last year, Straits said it would conduct a review of its 47.1 percent stake in Straits Asia Resources Ltd, after receiving a number of unsolicited expressions of interest for the stake.
($1=A$1.45) (Reporting by Denny Thomas;) ((denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging: denny.thomas.reuters.com@reuters.net)) Keywords: STRAITS/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Last year, Straits said it would conduct a review of its 47.1 percent stake in Straits Asia Resources Ltd, after receiving a number of unsolicited expressions of interest for the stake.
($1=A$1.45) (Reporting by Denny Thomas;) ((denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging: denny.thomas.reuters.com@reuters.net)) Keywords: STRAITS/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.