08
May
10:31
Indonesia GRP introduces shareholders to subsidiary
Indonesian steel producer PT Gunung Raja Paksi Tbk (GRP) held an Extraordinary General Meeting of Shareholders (EGM) last week and approved a plan to sell shares in its Indonesia subsidiary at the meeting.
According to official information from GRP, the main agenda agreed upon in this EGM was the approval of the company's plan to sell shares of its subsidiary, PT Nusantara Baja Profil (NBP). A total of 9,699,984 shares will be sold to three strategic investors…
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Anonymous
Very good overview of the weekly steel market.
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