Dragon Mining Limited has announced a conditional voluntary cash offer by Morton Securities Limited on behalf of Wah Cheong Development (B.V.I.) Limited, an indirect wholly-owned subsidiary of Allied Group Limited, to acquire all issued shares of Dragon Mining. This transaction, disclosed by Allied Group Limited, may see a possible withdrawal of the offer by Allied Properties Resources Limited, with trading set to resume subsequently. The offer will comply with the Takeovers Code and the Corporations Act.
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