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Novo Group Ltd Announces Incorporation Of An Indirect Wholly-owned Subsidiary


Wednesday, 25 Sep 2013 05:52am EDT 

Novo Group Ltd announced that the Company has incorporated an indirect wholly-owned subsidiary (the Subsidiary) with details as follow:- Taizhou Hua Yong Trading Limited for a paid capital of RMB5,000,000. The principals activities includes Trading of raw materials, including but not limited to iron ore, coal and steel products in the People‚Äôs Republic of China (China). The incorporation of the Subsidiary was funded through internal resources and is not expected to have any significant impact on the financial position of the Company for the current financial year ending April 30, 2014. 

Company Quote

0.23
0.015 +6.98%
26 Nov 2014