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Seah Steel Corporation to set up subsidiary

Wednesday, 12 Feb 2014 04:12am EST 

Seah Steel Corporation:Says to invest 26,060,000 euros (38,096,853,400 won) to set up an overseas subsidiary namely SeAH Steel EuropeS.r.l, for the acquisition of a 100 pct stake in Inox Tech S.p.A.Says the new entity will be a non-financial holding company capitalized at 26,060,000 euros (38,096,853,400 won).Says expected transaction settlement date of Feb. 28. 

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4900.0 +5.29%
30 Jul 2014