The Group owns 25% of the equity interest of Giantminer Pte Ltd., which owns China based mining company, Urumqi Jinshi Huilong Mining Co., Ltd (“UJHM). UJHM currently holds mining exploration permits in respect of minerals in three concession areas covering a total of 26.99 sq km in Xinjiang, China. The minerals in concession area include chrome, serpertine, nickel and other mineral
