Friday, 18 July, 2008 - 11:51
APAC in trading halt over IPO dispute
Trading of shares in newly listed, West Perth-based APAC Coal Ltd has been suspended over a dispute relating to its initial public offer.
APAC Coal Limited engaged in the exploration of coal in Indonesia. It holds interest in a 68,360 hectare tenement located in East Kalimantan on Borneo Island. The company was incorporated in 2007 and is based in Singapore. APAC Coal Limited is a subsidiary of Magnus Energy Group Limited. The company changed its name to Credit Intelligence in 2018 following a reverse takeover deal.