General Announcement::Update on Coal Operations

Issuer & Securities

Issuer/ Manager
MERCATOR LIMITED
Securities
MERCATOR US$16M4.75%CB190527 - XS1072432161 - 3R0B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Apr-2018 18:14:26
Status
New
Announcement Sub Title
Update on Coal Operations
Announcement Reference
SG180418OTHRRNQ9
Submitted By (Co./ Ind. Name)
Rajendra kothari
Designation
CFO
Effective Date and Time of the event
18/04/2018 17:00:00
Description (Please provide a detailed description of the event in the box below)
We refer to our earlier communication dated January 15, 2018, wherein successful resumption of coal operations in Indonesia was announced. Further, it was also informed that the management expects operations to reach optimum levels by March, 2018.

In the above context, Mercator is pleased to inform the Exchange that coal mining operations in Indonesia have since attained near optimum levels. Further, revenue from third party logistics operations and coal handing have also stabilized.

Attachments

Coal Operations_SGX.pdf
Total size =158K