Manganese producer OM Holdings Ltd (ASX:OMH) has moved a step closer to listing on the Hong Kong Stock Exchange.
The diversified minerals group says it has received legal advice that the blocking of a resolution to change the company’s bylaws may not hinder its efforts to secure a dual listing.
OM Holdings says in light of shareholder support for the listing, the company will persist with its application.
In the 2010 financial year OM Holdings reported a 75 per cent jump in net profit to $48.8 million.
