14
Jul
15:29
Japan’s Nansei takes 20% share in Vietnam’s Pomina
Vietnam’s Pomina Steel’s plans for a strategic partnership with Japan’s Nansei were formally approved at a shareholders’ meeting on Friday. Nansei will become a shareholder with 20% ownership in the Vietnamese steel producer through an investment of nearly VND 702 billion ($29.6 million), Kallanish notes.
The Japanese company will purchase more than 70.1m of additional shares at VND 10,000/share. The private placement will be divided into t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous