MARKETS

RBR backed by Novus to build Mozambique LNG camp

RBR Group has been backed by Sydney’s Novus Capital to buy half of a camp construction company which will supply accommodation for construction workers building Mozambique’s first LNG export facility. 

RBR Group workers

RBR Group workers

RBR's investment will total $2.7 million.   It has secured $4 million via equity placement and loan finds. The placement is for $2.25 million from Sydney's Novus Capital for the sale of 281.25 million...

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