26
Apr
12:40
Taigang Stainless to sell US trading subsidiary
China-listed Taigang Stainless Steel has disclosed its plan to sell 100% equity of its US trading subsidiary Taigang International Trade (US) Co., Ltd through an exchange filing, Kallanish leanrs.
Taigang Stainless intends to entrust an intermediary agency to audit and evaluate the US subsidiary, and will publicly list and transfer its 100% ownership based on the evaluation results.
“It is beneficial for the company to optimize resource allocation, red…
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