Anchor Resources

With the disposal of its only gold mining asset in May, the former Anchor Resources is now a fintech company.

From mining gold, VCPlus now is moving into the fintech space, aiming to be a custodian of digital assets. Find out why.

The company intends to provide “custodian services” for digital assets.

Malaysian gold miner Anchor Resources has on Friday entered into a heads of agreement (HOA) with Austral Mineral Berhad on the assignment of concession right at Bukit Machang Assets for an indicative purchase price of RM 10 million (S$3.3 million).

SINGAPORE (Nov 25): Malaysian gold miner Anchor Resources held its IPO in March 2016 at 25 cents. The share price has since plunged 97% to close at 0.8 cent on Nov 21 as it struggles to turn profitable on its gold mines in Terengganu. One of the mines was

SINGAPORE (Apr 9): Anchor Resources, the Malaysian goldmine operator, is selling 143.8 million new shares  at 1.53 cents each to 18 investors in a private placement to raise $2.15 million.

SINGAPORE (Apr 10): Anchor Resources’ wholly-owned subsidiary GGTM has entered into a memorandum of understanding (MOU) with Mohd Sukri Bin Ismail to form a joint venture to supply granite for Malaysia's East Coast Rail Line (ECRL).

SINGAPORE (Aug 22): Singapore stocks closed weaker on Monday evening.

SINGAPORE (June 27): Anchor Resources is acquiring all the issued shares of GCT Manufacturing Sdn Bhd, for a consideration of $100 million, to be satisfied in cash and the issue of new Anchor Resources shares.