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Delong Holdings Ltd announces incorporation of joint venture company

Thursday, 16 Jan 2014 04:22am EST 

Delong Holdings Ltd:Delong Steel Singapore Projects Pte Ltd, subsidiary has incorporated a joint venture company in Thailand, known Delong (Thailand) Co Ltd.Says incorporated pursuant to a non-binding heads of agreement (HOA) entered into by the company, Permsin Steel Works Public Co Ltd, Asia Metal Public Co Ltd. and Thai Yuan Metal Public Co Ltd.Says purpose of incorporation is for carrying out the manufacturing and sale of hot strip products.Says incorporated with the initial registered share capital of 700,000,000 Baht (175,000,000 Baht comprising 1,750,000 ordinary shares of 100 Baht each). 

Company Quote

23 Nov 2015