• Cobalt Oxide 72%min In warehouse Rotterdam(-0.9)  12-02|Lithium Chloride 99.3%min Delivered China(-15000)  12-02|Zirconium Oxychloride Zr(Hf)O2 36%min EXW China(-500)  12-02|Ferro-silicon 75%min In warehouse Rotterdam(50)  12-02|Cerium Oxide 99.9%min In warehouse Rotterdam(-0.05)  12-02|Cobalt Metal 99.8%min In warehouse Rotterdam(-0.6)  12-02|NCM 622 Delivered China(-3000)  12-02|Cobalt Metal 99.8%min In warehouse Baltimore(-0.6)  12-02|Manganese Flake 99.7%min In warehouse Rotterdam(60)  12-02|Indium Ingot 99.995%min FOB China(-5)  12-02|Titanium Slag TiO2 74%min EXW China(100)  12-02|Ferro-chrome Cr 60%min, C 0.1%max In warehouse Rotterdam(-0.1)  12-02|Cobalt Oxide 72%min Delivered China(-5)  12-02|Cobalt Tetroxide 73.5%min Delivered China(-5)  12-02
  • Baowu Steel begins to act as trustee of TISCO

    2020-12-25 11:59:06   【Print】
    On 25 December, TISCO Stainless Steel announced that Shanxi State-owned Capital Operation Co.Asian Metal Copyright On 21 August, Shanxi State-owned Capital Operation Co.Asian Metal Copyright, Ltd.Asian Metal Copyright31% of the total.Asian Metal Copyright, Baowu Steel and TISCO signed the "gratuitous transfer transitional period management arrangement agreement for TISCO".Asian Metal Copyright, Baowu Steel and TISCO signed the "gratuitous transfer transitional period management arrangement agreement for TISCO".Asian Metal Copyright During the period from signing date of the transitional period agreement to completion date of gratuitous transfer equity change commercial registration, Baowu Steel will act as the trustee of TISCO.

    On 21 August, Shanxi State-owned Capital Operation Co., Ltd.Asian Metal Copyright According to the announcement, by the signing date of the transitional period agreement, Shanxi State-owned Capital Operation Co.Asian Metal Copyright and Baowu Steel signed the gratuitous transfer agreement, according to which the former will transfer 51% equities of TISCO to the latter in a gratuitous manner.Asian Metal Copyright, Ltd.Asian Metal Copyright Based on the transitional period agreement arrangements, TISCO's shareholding structure, board of directors and management will maintain the status quo during the transitional period and all parties will work closely to keep TISCO's business operation, board of directors and management steady.Asian Metal Copyright, Baowu Steel and TISCO signed the "gratuitous transfer transitional period management arrangement agreement for TISCO".Asian Metal Copyright Once receiving all approvals for the gratuitous transfer, all parties will make joint efforts to complete TISCO's equity change commercial registration and other settlement arrangements as soon as possible.

    According to the announcement, by the signing date of the transitional period agreement, Shanxi State-owned Capital Operation Co., Ltd.Asian Metal Copyright and Baowu Steel signed the gratuitous transfer agreement, according to which the former will transfer 51% equities of TISCO to the latter in a gratuitous manner.Asian Metal Copyright held 100% equities of TISCO and TISCO held approximately 3.Asian Metal CopyrightOn 25 December, TISCO Stainless Steel announced that Shanxi State-owned Capital Operation Co.Asian Metal Copyright61 billion shares of TISCO Stainless Steel, accounting for 63.Asian Metal Copyright61 billion shares of TISCO Stainless Steel, accounting for 63.Asian Metal Copyright31% of the total.Asian Metal Copyright, Baowu Steel and TISCO signed the "gratuitous transfer transitional period management arrangement agreement for TISCO".Asian Metal Copyright After the gratuitous transfer is concluded, Baowu Steel will hold 51% equities of TISCO and be an indirect shareholder of TISCO Stainless Steel, and the State-owned Assets Supervision and Administration Commission of the State Council, the controlling shareholder of Baowu Steel, will be the actual controller of TISCO Stainless Steel.

    .Asian Metal Copyright61 billion shares of TISCO Stainless Steel, accounting for 63Asian Metal Copyright
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