Australia's OM Holdings gains on approval of secondary listing on Bursa

OM Holdings

08/06/2021 02:35

** Shares of OM Holdings  OMH.AX  climb as much as 4.6% to
A$0.800, set to snap their three-day losing streak
    ** The manganese ore and ferro-alloy producer says it has
obtained the approval of Securities Commission Malaysia and
Bursa Malaysia Securities Berhad  urn:newsml:reuters.com:*:nASX43Kpn6
    ** Says approval to proceed with its secondary listing of
and quotation for entire issued share capital of OMH on the main
market of Bursa Securities
    ** OMH says its secondary listing will be undertaken by way
of introduction, and will not involve issuance of new shares
    ** Stock up 30.8% this year, as of last close
      

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com))