28
Apr
06:04
Malaysia CSC sells shareholding in CSGT Vietnam
Malaysian steelmaker CSC Steel Holdings BHD (CHB) announced that it will sell its 6% stake in CSGT Metals Vietnam Joint Stock Company (CSMV) for $1.2 million, Kallanish notes from local media. The transaction is expected to be completed within 3 months.
CHB has inked a share transfer agreement (STA) with CSGT Global Trading Corporation for the disposal. ''CHB had tried to increase its sales to the Vietnam steel market over the years, un…
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