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CAYMAN Islands-registered Green Glory Ltd is in the process of obtaining management rights to establish a carbon credit scheme using Cambodias forests, according to a company statement.
The firm is seeking rights to 450,000 hectares of the Kingdoms woodlands for supply-side carbon credits. It is also planning to list on the London Alternative Investment Market exchange via the acquisition of AIM-listed Tricor Plc.
The agreement between Green Glory and Tricor is subject to conditions
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