Shougang Group approved to transfer 15% of Shougang shares free of charge
2019-11-26 16:46:37 [Print]
Shougang Co
. ,Ltd . announced in the evening of November 22 that Beijing SASAC agreed that Shougang Group, the controlling shareholder of the company, would transfer 793 million shares (accounting for 15% of the company's total share capital) of the company to China Baowu Steel Group Co . , Ltd . for free.