Aminex sells half Korean interests
ERRATIC: North Korea's Kim Jong II, as portrayed in the film 'Team America: World Police'
BRIAN Hall's AIM-listed resources firm Aminex has agreed to sell a 50 per cent stake in its North Korean interests to a fund fronted by one of the few westerners to have dealt with its erratic leader Kim Jong II.
Aminex received close to €600,000 for a 50 per cent stake in its Korex vehicle, which is currently trying to develop oil assets in the sea around North Korea.
Its new partner, Chosun Energy, is controlled by a fund backed by British businessman Colin McAskill.
Mr McAskill is one of the few westerners with access to the dictator, having advised the country on debt and banking issues.
- Nick Webb
Originally published in
