Nanshan Aluminum to inject capital to subsidiaries for construction of Indonesian alumina project
2019-02-15 17:55:34 [Print]
Shandong Nanshan Aluminum Co
According to the announcement, the total capital injection is about RMB5,685,393,000.00, including RMB5,347,112,116 . 50 from Nanshan Aluminum and RMB338,280,883 . 50 from other shareholders . The injection of capital to Nanshan Singapore, GAI and BAI will be subject to the construction progress of the alumina project . Upon completion of the capital injection, Nanshan Singapore's registered capital will increase from USD89 . 12 million to USD830 . 014 million; GAI's registered capital will increase from USD71 . 92 million to USD851 . 8084 million; BAI's registered capital will increase from IDR949 . 9 billion to IDR12 . 011586 trillion.
. , Ltd . announced on February 15 that it plans to inject capital to Nanshan Aluminum Singapore Co . , PTE LTD . ("Nanshan Singapore"), Global Aluminium International PTE LTD . ("GAI") and PT Bintan Alumina Indonesia ("BAI") for the construction of 1-million-ton alumina project located in Bintan Nanshan Industrial Park in Indonesia.According to the announcement, the total capital injection is about RMB5,685,393,000.00, including RMB5,347,112,116 . 50 from Nanshan Aluminum and RMB338,280,883 . 50 from other shareholders . The injection of capital to Nanshan Singapore, GAI and BAI will be subject to the construction progress of the alumina project . Upon completion of the capital injection, Nanshan Singapore's registered capital will increase from USD89 . 12 million to USD830 . 014 million; GAI's registered capital will increase from USD71 . 92 million to USD851 . 8084 million; BAI's registered capital will increase from IDR949 . 9 billion to IDR12 . 011586 trillion.