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Altech Chemicals chairman increases shareholding

The company is focused on developing a high purity alumina (HPA) plant located in Johor, Malaysia.

Altech Chemicals Ltd - Altech Chemicals chairman increases shareholding
The share purchase plan raised $2.84 million for Altech

Altech Chemicals Ltd (ASX:ATC) non-executive chairman Luke Atkins has purchased 307,692 shares in the company.

The $30,000 purchase was part of the recent share purchase plan (SPP), which offered shares priced at 9.75 cents each.

The share purchase increases Atkins’ holding to 10.35 million shares.

SPP raises $2.84 million

The SPP raised $2.84 million from over 300 shareholders.

Work at the company’s Malaysian high purity alumina (HPA) plant site continues, with construction of the electrical sub-station progressing in accordance with the construction schedule.

Quick facts: Altech Chemicals Ltd

Price: 0.049 AUD

ASX:ATC
Market: ASX
Market Cap: $42.4 m
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Full interview: Altech Chemicals progresses HPA plant construction in...

Altech Chemicals Ltd (ASX:ATC) managing director Iggy Tan updates Proactive on HPA plant construction activities at the company’s high purity alumina (HPA) plant site in Johor, Malaysia. The majority of Stage 1 construction is nearly complete, the workshop building and OSD Tank walls have...

on 19/9/19

2 min read