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IRC Limited
IRC Limited (IRC; ) () is a Hong Kong-based business that is focused on exploring for, developing, and operating industrial commodity projects, particularly in the mining sector. Its operations are centred in the Far East of Russia and in China's Heilongjiang Province. Background The company was incorporated on 4 June 2010 in Hong Kong as Thor Limited as an indirect wholly owned subsidiary of Petropavlovsk plc (LSE: POG). In a corporate restructuring, the company acquired Aricom Limited, previously a London-listed iron ore mining company with operations in Russia, from Petropavlovsk plc. The company then changed its name to IRC Limited () on 13 August 2010, and adopts its current title IRC Limited () since 13 September 2010. IRC becomes listed on the Main Board of the Hong Kong Stock Exchange on 21 October 2010. On 17 January 2013, IRC entered into a conditional subscription agreement with each of General Nice Development Limited () and Minmetals Cheerglory Limited () for an inves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
