Abterra^ L5I

Background

Abterra Ltd. was listed on the Main Board of the Singapore Stock Exchange on
June 15, 2000 under the name of Hua Kok International Ltd. It changed its name
to Abterra Ltd. on October 28, 2005. On October 27, 2006, General Nice
Resources (Hong Kong) Limited successfully acquired a majority stake in Abterra
Ltd., thus becoming the new controlling shareholder of Abterra Ltd. The Group
is primarily engaged in the following businesses: the development of mineral
business in countries including China, India and Indonesia, and the
international purchase of iron ore; the sale of Chinese steel and iron products
to India and South East Asian countries; domestic PRC logistics business and
the operation and development of industrial real estate; and coal mining,
washing and processing of coal into coke.
The Group’s turnover increased by S$83.9 million or 248%, from S$33.8 million
in FY2006, to S$117.7 million in FY2007.

SGX source · Source update: 01/25/2024 08:45:24 AM (timezone not specified). Source text may be historical.