Pangang Group Vanadium & Titanium: Anshan Iron and Steel to transfer 10.80% of company equity to Ansteel Group
2022-09-05 15:39:51 [Print]
On September 2, Pangang Group Vanadium & Titanium ("the Company") announced that on September 2 its shareholder Anshan Iron and Steel signed a private share transfer agreement with Ansteel Group
. According to the agreement, Anshan Iron and Steel will transfer the 928,946,141 shared of unlimited outstanding shares it holds in the Company to Ansteel Group . The to-be-transferred shares account for 10 . 80% of the total shares of the Company . When the transfer is completed, Anshan Iron and Steel will hold no more shares of the Company, while Ansteel Group will hold 928,946,141 shares, accounting for 10 . 80% of the total shares of Pangang Group Vanadium & Titanium.