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SOUTHGOBI (01878.HK) has entered into a new deferred payment agreement.
On March 20, Gelonghui reported that SOUTHGOBI (01878.HK) announced that on March 20, 2025, the company and its subsidiaries Southgobi Sands LLC and SGQ Coal Investment Pte. Ltd. signed a new deferred payment agreement with JD Zhixing Fund L.P. (JDZF, the registered holder of the $0.25 billion convertible Bonds issued by the company on November 19, 2009, and the company's largest Shareholder). Accordingly, JDZF agreed to allow the company: (i) based on the date of March 2024.
SouthGobi Announces Discloseable and Connected Transaction Deferral of Payment Obligations Under Convertible Debenture and Amended and Restated Cooperation Agreement
Hong Kong stock Concept tracking | Indonesia plans to revise mining regulations, which may affect the Global market. The Coal fundamentals are expected to enter an upward trajectory in April (with related stocks attached).
Indonesia has abundant mineral resources, is the Global largest exporter of Nickel products and Thermal Coal, and also a major supplier of Tin and Copper in the Global market.
SouthGobi Announces the Date of Board Meeting
SOUTHGOBI (01878.HK) plans to hold a Board of Directors meeting on March 28 to approve the annual performance.
Glory Market announced on March 18 that SOUTHGOBI (01878.HK) will have its Board of Directors meet on March 28, 2025 (Friday) to consider and approve the performance of the company and its subsidiaries for the fourth quarter of 2024 and for the year ending December 31, 2024. These results will be announced on March 28, 2025 (Friday).
SOUTHGOBI: DATE OF BOARD MEETING