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3DOM turns to Reenova as new acquirer for US$1 bil RTO deal

The Edge Singapore
The Edge Singapore  • 3 min read
3DOM turns to Reenova as new acquirer for US$1 bil RTO deal
3COM just broke off a similar deal with Chaswood Resources on Nov 15
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Reenova Investment Holding, which plans to sell its rare earth mining concession, is heading into an RTO deal that will see it transform into a lithium-ion battery company instead.

The target is 3DOM Singapore, which is a subsidiary of 3DOM Inc from Japan.

3DOM Inc was previously in a similar RTO deal with another SGX listed company Chaswood Resources.

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