The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
Industry sources told Reuters on Sunday that Austria’s Meinl International Power, an investment fund launched earlier this year by Meinl Bank to invest in the energy sector, had told UK Coal it was interested in buying its mining assets.
‘UK Coal has noted the press speculation relating to a reported approach for its mining and power generation interests from a specialist investment fund,’ the company said in a statement.
‘UK Coal confirms that whilst, as is normal, from time to time it receives preliminary expressions of interest from third parties to discuss a variety of potential transactions, no discussions are anticipated in relation to this initiative.’
The sources also said on Sunday that UK Coal was unlikely to enter talks at this time.
At 1010 GMT, UK Coal shares were up 18.7 percent at 454 pence, off an earlier high of 470 pence.
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
Dubai Police have asked drivers to be extra cautious
The former all-rounder has returned to cricket during the past year after a horrific car crash at the end of 2022
Dubai Police have asked drivers to be extra cautious
The country has set a new Guinness World Record by creating the largest falcon hood, beating the previous record of 1.65 metres
Hamas' health ministry said that 94,616 people have been wounded since the conflict began on October 7
In most Islamic countries, including the Gulf countries, the Prophet's birthday is observed on 12 Rabi’ Al-Awwal 1444
Traffic will be diverted to the opposite side during this period