PanAust: PanAust delists following Gram takeover

The shares of takeover target PanAust have officially been suspended from the ASX, following a successful takeover from suitor Guangdong Rising Asset Management (Gram). At the start of June, Gram launched a compulsory acquisition of the remaining shares in PanAust, after the company obtained more than a 90% interest in the Laos-focused copper and gold producer.