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MSX Resources losses influences in Mongolia

13:13

The subsidiary of MSX Resources, Polish construction company and developer lost its rights to shares in firms exploring resources in Mongolia, Puls Biznesu daily reported.

Tarantoga Capital, a found which was supposed to finance the transaction did not pay the Mongolian partners, the daily informed. MSX argues that the fund has been hiding the information.

MSX Resources has been operating in Poland for over 50 years, it focuses on eastern markets.

     

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