Dendocept Proprietary Limited, Pacific Goal Investment Limited, Shining Capital GP Limited, Ying He Yuan Investment (S) Pte. Ltd, Longelephant International Trade Limited and Golden archer Investment (pty) Ltd agreed to acquire remaining 35.6% stake in MC Mining Limited (ASX:MCM) for AUD 23.2 million on November 1, 2023. MC Mining Limited has established an established an Independent Board Committee which consists of Khomotso Mosehla, Nhlanhla Nene,Andrew Mifflin,Julian Hoskin. Transaction is expected to complete on April 5, 2024. Adelaide Equity Partners Limited acted as Financial advisor and K & L Gates, Webber Wentzel and Falcon and Hume Inc. acted as legal advisor to Independent Board Committee of MC Mining Limited.

Dendocept Proprietary Limited, Pacific Goal Investment Limited, Shining Capital GP Limited, Ying He Yuan Investment (S) Pte. Ltd, Longelephant International Trade Limited and Golden archer Investment (pty) Ltd cancelled the acquisition of remaining 35.6% stake in MC Mining Limited (ASX:MCM) on March 18, 2024.