PMEA Blog

Miguel R. Camus / Reporter

LISTED NiHAO Mineral Resources International Inc. announced that it acquired roughly a third of privately held mining operator Oriental Vision Mining Philippines Corp.

In a stock exchange filing yesterday, NiHAO said it acquired 3,000 shares worth P3 million. The company plans to acquire an additional 60,000 shares worth P60 million after the latter obtains regulatory approval to increase authorized capital to P400 million.

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