Benxi Iron and Steel Group gets approval for 51% equities gratuitous transfer

On 19 August, Bengang Steel Plates Co.Asian Metal Copyright According to the notice, the State-owned Assets Supervision and Administration Commission of Liaoning Provincial Government got the approval from the State-owned Assets Supervision and Administration Commission of the State Council and Liaoning provincial government for Ansteel's restructuring application regarding Benxi Iron and Steel Group.Asian Metal Copyright, Ltd.Asian Metal CopyrightOn 19 August, Bengang Steel Plates Co.Asian Metal Copyright released an announcement, noting that it recently received a notice from its indirect holding shareholder Benxi Iron and Steel Group.Asian Metal Copyright The State-owned Assets Supervision and Administration Commission of Liaoning Provincial Government will gratuitously transfer 51% equities of Benxi Iron and Steel Group to Ansteel Group.Asian Metal Copyright According to the notice, the State-owned Assets Supervision and Administration Commission of Liaoning Provincial Government got the approval from the State-owned Assets Supervision and Administration Commission of the State Council and Liaoning provincial government for Ansteel's restructuring application regarding Benxi Iron and Steel Group.Asian Metal CopyrightOn 19 August, Bengang Steel Plates Co.Asian Metal Copyright The State-owned Assets Supervision and Administration Commission of Liaoning Provincial Government will gratuitously transfer 51% equities of Benxi Iron and Steel Group to Ansteel Group.
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