8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
Masteel to transfer 55% stock equity of Maanshan Steel Scrap
2018-08-16 18:00:05 【Print】
Maanshan Iron & Steel Co., Ltd. ("Masteel") recently announced that it planned to transfer the 55% stock equity of Maanshan Steel Scrap Co., Ltd. ("Steel Scrap") to its controlling shareholder Magang (Group) Holding Co., Ltd. ("Magang"). If the transaction proceeds, the ratio of investments from Magang and Masteel will be 55% and 45% respectively.
In addition, Masteel's wholly-owned subsidiary Anhui Magang Chemical Energy Science & Technology Co., Ltd. ("Magang Chemical") plans to add investment. Masteel intends to added capital of 1,406,140.00 yuan and give up the pre-emption right, and Magang will subscribe all of the newly-added capital. The ratio of investments from Magang and Masteel will be 55% and 45% respectively if the capital increase finishes.
Furthermore, Masteel's holding subsidiary Anhui Magang Jiahua New Building Materials Co., Ltd. ("Jiahua") plans to add capital and Masteel gives up the pre-emption right and Magang and Jiahua's shareholder Lida Investment Co., Ltd. ("Lida") will subscribe all of the newly-added capital. The ratio of investments from Magang, Masteel, and Lida will be 40%, 30%, and 30% respectively if the capital increase ends.
.
In addition, Masteel's wholly-owned subsidiary Anhui Magang Chemical Energy Science & Technology Co., Ltd. ("Magang Chemical") plans to add investment. Masteel intends to added capital of 1,406,140.00 yuan and give up the pre-emption right, and Magang will subscribe all of the newly-added capital. The ratio of investments from Magang and Masteel will be 55% and 45% respectively if the capital increase finishes.
Furthermore, Masteel's holding subsidiary Anhui Magang Jiahua New Building Materials Co., Ltd. ("Jiahua") plans to add capital and Masteel gives up the pre-emption right and Magang and Jiahua's shareholder Lida Investment Co., Ltd. ("Lida") will subscribe all of the newly-added capital. The ratio of investments from Magang, Masteel, and Lida will be 40%, 30%, and 30% respectively if the capital increase ends.
.