Asia Pacific Resources (01104) announced that on April 4, 2024 (New York time zone), the subsidiary company jointly acquired 150,000 Newmont shares (equivalent to approximately 0.013% of Newmont's total issued share capital at the date of this announcement) through on-market transactions on the New York Stock Exchange. The total cost was approximately US$5.65 million (equivalent to approximately HK$442.35 million) (excluding transaction costs), or approximately US$37.67 (equivalent to approximately HK$294.90) per share. The acquisition was completed on April 8, 2024.
Prior to the acquisition, the subsidiary acquired a total of 100,000 Newmont shares (equivalent to approximately 0.009% of Newmont's total issued share capital at the date of this announcement) during the 12 months prior to the date of the acquisition, at a total cost of approximately US$3.765 million (equivalent to approximately HK$29.433 million) (excluding transaction costs), or approximately US$37.65 (equivalent to approximately HK$294.33) per share.