Zhongwei New Materials (02579.HK) plans Indonesia nickel mine restructuring, intends to take control of DDL and ANHI

date
22/10/2026
Zhitong Finance APP news, CNGR Advanced Material (02579.HK) announced that on October 22, 2026, the company's indirectly wholly-owned subsidiary CNGR Hong Kong intends to acquire a 53.3% equity interest in HML from Evergreen for a consideration of approximately US$108 million. ANHI intends to issue up to 100 billion new ANHI shares through a rights issue, with a maximum consideration of US$463 million, and EEP, an indirectly wholly-owned subsidiary of the company, intends to subscribe for additional ANHI shares for a cash consideration. ANHI intends to acquire a 100% equity interest in DDL from HML for a cash consideration of US$324 million.