SINGAPORE (Jan 18): A long-running dispute between the CEO of Alliance Mineral Assets, Tjandra Pramoko, and his one-time business partner, Jonathan Lim Keng Hock, appears to be settled.

On Thursday night, AMA announced in a filing that all of Pramoko’s debt to Lim has been fully repaid, and a tranche of nearly 46.1 million shares owned by the CEO but seized on court order, has been released.

In addition, Pramoko has on Jan 12 sold 19 million AMA shares, representing a 3.42% stake, at an undisclosed price to an unnamed private investor.

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