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    Liuzhou Iron and Steel to invest RMB5.157 billion in Guangxi Iron and Steel

    2019-10-09 15:46:53   [Print]
    Liuzhou Iron and Steel announced on late October 8 that the company plans to increase an investment of RMB5.Asian Metal CopyrightLiuzhou Iron and Steel announced on late October 8 that the company plans to increase an investment of RMB5.Asian Metal Copyright157 billion (USD722 million) to Guangxi Iron and Steel in a non-public manner.Asian Metal Copyright78% interest of Guangxi Iron and Steel.Asian Metal Copyright After the capital increase, the company will hold 27.Asian Metal Copyright .Asian Metal Copyright78% interest of Guangxi Iron and Steel.

    Guangxi Iron and Steel is a subsidiary of Liuzhou Steel Group and the latter is a controlling shareholder of Liuzhou Iron and Steel.
    .Asian Metal CopyrightLiuzhou Iron and Steel announced on late October 8 that the company plans to increase an investment of RMB5Asian Metal Copyright
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