HWGB says not in talks to sell tin mining biz to Yunnan Tin

KUALA LUMPUR (March 9): HO WAH GENTING BHD [] [] (HWGB) says it is not in talks to sell its tin mining business for US$75 million (RM227 million) to Yunnan Tin Group.

It said on Friday it was not negotiating with Yunnan Tin’s subsidiary Sino-Platinum Metals Co. Ltd to dispose of the business at this point in time.

A news report said Yunnan Tin had plans to buy HWGB’s tin mining business for US$75 million.



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