Su-Raj's net profits fall by 86% in Q3

expenses increased by 5%

Post By : Diamond World News Service On 02 February 2009 4:54 PM
A denial to access key information, has led Pangea Diamonds has withdrawn its bid to acquire Lesotho Diamond Corp. (LDC), as it believd the information would help effect to the take over. Pangea in May made an announcement that almost half of LDC’s shareholders had agreed to its offer. Pagnea was of the opinion that the pricing arrangement they had offered LDC was both apt and fair.

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