On December 23, Computershare Investor Services, the world's top share registry business, announced that all payments for the acquisition of shares in Australian coal miner Felix Resources had been made by China-based Yanzhou Coal Mining to former shareholders and that all the shares had been transferred to Australia-based Austar Coal Mine, a subsidiary of the Chinese miner.
In the share transfer, Austar has acquired a 100 percent stake in Felix Resources, comprising a total of 196,625,038 shares registered with Computershare.
In August this year, Yanzhou Coal Mining announced the signing of a deal with Felix Resources for the acquisition of 100 percent of the Australian company for AU$3.33 billion, i.e, at a price of AU$16.95 per share.