19
Aug
08:40
Angang to control 51% of Bengang
Benxi Iron & Steel (Bengang) says the Liaoning State-owned Assets Supervision and Administration Commission (SASAC) has received a joint notice from the SASAC of the State Council and the Liaoning provincial government, agreeing to transfer 51% of the equity of Bengang to Anshan Iron & Steel (Angang), Kallanish notes from an exchange announcement of Bengang’s subsidiary Benxi Steel Plate.
There remain a number of questions around the long-rumour…
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