Abterra Ltd.1 is principally engaged in trading, those of investment holding and the provision of management services to its subsidiary companies. The Company operates in two business divisions: iron ore trading and cotton trading. On February 2, 2007, the Company entered into a conditional sale and purchase agreement with General Nice Development Limited (GNDL) for the proposed acquisition of 45% of the registered capital of Tianjin Lant Development Co., Ltd. On May 11, 2007, it entered into a restructuring agreement to acquire 15% of share in Zuoquan Yongxing Coal Co., Ltd. Its subsidiaries include Abterra Resources Pte. Ltd., PSA Macao Commercial Offshore Ltd., Southern Star Trading Pte. Ltd. and World Spa Industries (M) Sdn. Bhd.
H24 - Abterra Ltd
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