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Hangzhou, Zhejiang, China
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Hangzhou, Zhejiang, China
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Hangzhou, Zhejiang, China
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May 21-22, 2018
Hainan Sanya, China
Nanjing Iron & Steel: Major asset restructuring plan adjusts price of issued shares and subject of transactions
2019-12-18 15:26:24 【Print】
Nanjing Iron & Steel Co., Ltd. announced on December 17 that the issue price of the assets purchased for the issue of shares was adjusted from RMB3.39 (USD0.49) per share to RMB3.00 (USD0.43), and the underlying asset was adjusted to 38.72% equity of Nanjing Nangang Industry Development Co., Ltd. and 38.72% equity of Nanjing Jinjiang Metallurgical Furnace Burden Co., Ltd., of which 93.30% equity of Suqian Nangang Jinxin Rolling Co., Ltd. held by Nanjing Nangang Industry Development Co., Ltd. was sold to Nanjing Iron & Steel on December 6, 2019, which is not included in the scope of underlying assets of the restructuring company.
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