SAM Advance Minerals has acquired a 40% stake in MCRE Resources
September 2025 — SAM Advance Minerals Sdn. Bhd. has acquired a 40% stake in MCRE Resources Sdn. Bhd. The acquisition allows Southern Alliance Mining Ltd. to strategically enter the rare earth sector, as MCRE Resources is active in the exploration, mining and processing of ion adsorption clay rare earth elements in Malaysia.
SAM Advance Minerals is a wholly owned subsidiary of Southern Alliance Mining, a company listed on the Singapore Exchange Securities Trading Limited (SGX-ST). The company is principally engaged in the exploration, mining, processing and sale of iron ore and gold.
MCRE Resources specializes in the exploration, mining, processing and sale of ion adsorption clay rare earth minerals in Malaysia. The company is the appointed mining or sub-mining operator and holds the relevant licenses for the mining and extraction of rare earth minerals at the Gerik Mine, located in Mukim Kenering, Hulu Perak, Malaysia, covering an area of approximately 2,161 hectares.
The sellers are individuals active in the Malaysian mining and minerals industry and existing shareholders of Southern Alliance Mining Ltd.
Our role in the transaction
Oaklins’ team in Singapore acted as the buy-side financial advisor in this transaction.
Contáctese con el equipo de la transacción
Transacciones relacionadas
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Aprenda másGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Aprenda másNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Aprenda más