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Results 1 - 10 of 10 for anshan

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  1. Panva Gas buys stake in Anshan utility

    Posted Dec 25th 2004, 12:00am by Georgina Lee

    ... Georgina Lee Panva Gas Holdings subsidiary Panriver Investments will buy 51 per cent of Anshan City Gas in Liaoning province for 70.49 million yuan. Anshan City Bureau will retain a 19 per ... this year. The company, Anshan Panva Gas, will have 30 years' exclusive operation rights in Anshan for gas fuel and piped-gas network operation and management. Panva said the acquisition would ...

  2. Panva lifts interest in Anshan gas venture

    Posted Mar 25th 2005, 12:00am by Denise Tsang

    ... to 81 per cent worth 111.96 million yuan. The decision to raise its stake in the project in Anshan came after a former partner, Shanghai Jian Shi Hai Jia Investment, backed away from a committed purchase of of a 30 per cent interest in the project for 41.46 million yuan. Panva, committed to a 51 per cent interest for 70.49 million yuan in the Anshan City Gas project, yesterday said ...

  3. Shares in Panzhihua Steel units surge on takeover expectations

    Posted Aug 16th 2008, 12:00am by Carol Chan

    ... Carol Chan The shares of Panzhihua Iron & Steel Group's three Shenzhen-listed units jumped their 10 per cent daily limit yesterday on speculation Anshan Iron & Steel Group is planning a takeover after revealing that it has bought at least 1.33 billion yuan (HK$1.51 billion) worth of shares in the companies. Liaoning-based Anshan Steel, the parent of listed Angang Steel, ...

  4. China Oriental looks downstream

    Posted Sep 18th 2004, 12:00am by Eric Ng

    ... Eric Ng Hebei province-based steel producer China Oriental Group is pinning its hopes of higher profit margins on expansion into downstream steel products after posting disappointing interim results. The company, which listed in early March- a month befor ...

  5. Angang seeks parent's assets in mainland steel trade shake-up

    Posted Dec 31st 2004, 12:00am by Eric Ng

    ... will be left with some iron ore mines. The listed flagship of Anshan Iron & Steel Group planned to launch a rights issue of eight shares for every 10 existing shares to raise about 18 billion yuan for the acquisition, the company said. The shares will be issued at between 3.35 and 3.50 yuan each to A- and H-share holders, as well as Angang's parent Anshan Iron & Steel. Trading in Angang's ...

  6. Angang denies plans to invest in Liaoning deposit

    Posted Jun 27th 2009, 12:00am by Carol Chan

    ... Carol Chan Angang Steel said yesterday the company and its state-owned parent had no plans to invest in the Benxi iron ore mine to exploit a newly discovered deposit that local officials touted as the biggest in Asia. The clarification came after mainland media reported that Angang's parent company, Anshan Iron and Steel Group, and rival Benxi Iron and Steel Group, both ...

  7. Industry faces years of restructuring talks

    Posted Mar 08th 2004, 12:00am by Eric Ng

    ... second-largest steelmaker Anshan Group, the fifth-largest Benxi Group and relatively small Beitai Group, all in Liaoning province. Talks have been going on for years. The merger, if realised, would ...

  8. China urges US not to politicise steel project

    Posted Jul 21st 2010, 12:00am by Howard Winn

    ... Howard Winn The Chinese government has stepped up its criticism of efforts by US lawmakers to block Anshan Iron & Steel's (Angang) proposed investment in a steel project ... and Steel Institute, which has also called for an investigation into Angang's investment, said: 'We welcome investment by private enterprises, including foreign investment, but Anshan ...

  9. Talk of ArcelorMittal buy-in lifts Angang

    Posted May 06th 2008, 12:00am by Carol Chan

    ... an analyst at Daiwa, also said it was unlikely for Angang or its parent company Anshan Iron & Steel to sell a major stake to ArcelorMittal as Beijing bans foreign companies from taking majority ...

  10. Angang expects expansion proposal to cost 16b yuan

    Posted Jan 01st 2005, 12:00am by Eric Ng

    ... steel capacity of 7.19 million tonnes and hot-rolled strips capacity of 6.43 tonnes from its parent company, Anshan Iron & Steel Group. This will add to its current 2.85 million tonnes ...



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