Jinan Iron and Steel Amalgamation listed Laiwu Steel Mountain of Steel seize hig
Mountain twists and turns of steel re-
HC Valve Network: With the arrival of spring
Tiger, high-profile main business as a whole mountain of steel group has also begun in a big market.
Jinan Steel And Laiwu Steel 24 were announced, Jinan Iron and Steel intended to swap mergers in Laiwu Steel, Jinan Iron and Steel Group and also intends to issue A shares of Laiwu Steel Group, as the payment of the price of the initial plans to acquire Jinan Iron and Steel Group and Laiwu Steel Group the underlying assets. After completion of the transaction, Shan Steel Group, Jinan Iron and Steel will be a platform to achieve its main business of the overall market, while Jinan Iron & Steel Group subsidiary as the only mountain of steel main listed company, and will change the company name.
Convertible mergers in Jinan Iron and Steel Laiwu Steel To build the leading domestic steel companies
Integrate or emulate Hebei, Shandong Iron and Steel Jinan Iron and Steel, or a platform of Private Placement Jinan Iron and Steel Convertible absorption merger
Laiwu Steel It is understood, Jinan Steel and Laiwu Steel are all mountain Steel Group's listed companies, including Jinan Iron and Steel products and services primarily focused on the plate, heavy plate, rebar and other steel products production and Sell . And Laiwu Steel Products and services known for the production of H section steel, is China's largest and most complete varieties and specifications H-section steel production base at the same time, Laiwu Steel is also to gear steel, bearing steel for the main varieties of special steel, Shandong Province 3 rebar production base and to the main constructional material production base in Shandong Province. Jinan Steel and Laiwu Steel
signed under the "Convertible absorption merger agreement," Jinan Iron and Steel intended to swap mergers in Laiwu Steel, Laiwu Steel, Jinan Iron and Steel mergers in the convertible price of 5.05 yuan / share , Laiwu Steel's conversion price of 12.29 yuan / share, Laiwu Steel and Jinan Steel's conversion ratio of 1:2.43, Laiwu Steel shares per share for 2.43 shares of Jinan Iron and Steel's shares. After completion of the transaction, Laiwu Steel Co Ltd will write off legal personality all of its assets, liabilities, equity, operations and personnel will be incorporated into Jinan Iron and Steel.
Also intends to Jinan Iron and Steel, Jinan Iron and Steel Group and Laiwu Steel Group A shares issued as payment of the price of the initial plans to acquire Jinan Iron and Steel Group holds or is entitled to dispose of the letter and win 100% of the shares of coal, Baldwin Gas 100% equity and 30 billion dollars in cash; buy Laiwu Steel Group holds or is entitled to dispose of the Yinshan steel 100% equity, Tianyuan gas 100% equity, mechanisms 100% of the equity 83.33% stake in International Trade Company, Electronic 100% stake in Laiwu Steel Group, Department of automation, power and the Department of Transport-related operating assets and liabilities (equity and non-equity assets above collectively, the "proposed acquisition of assets"), among which 3.0 billion acquisition of assets, in addition to cash other assets of the value of 8.585 billion yuan forecast
The e-commerce company in China offers quality products such as china Solenoid Valve , pneumatic cylinders, and more. For more , please visit pneumatic equipments suppliers today!
Processing your request, Please wait....
