16
Aug
10:21
Thailand's 2S Metal buys United Steel Pipe stake
Thailand-listed steel company 2S Metal Public Company Limited says it will acquire a 27.27% stake in United Steel Pipe Co., Ltd. (USP).
2S Metal proposed to shareholders to consider and approve the acquisition of 1,500,000 newly issued ordinary shares of USP with a par value of THB 100 ($2.82) each, representing 27.27% of USP's issued and paid-up share capital. This would be at no more than THB 229.41 per share, not exceeding THB 344,115,000 in …
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