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Falmac to buy Malaysian gold mine in RTO deal | The Edge ...

In the meantime, funding the fast-expanding mine operations could be a challenge for the one-time King of IPOs. In March last year, Choo and a group of investors accumulated a 25.57% stake in Falmac with a view to using the company as an RTO vehicle for CNMC Mine, which is exploring and for in a 133 sq km in Kelantan.

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