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Sumitomo Corporation fully acquires Sumiputeh Steel Centre in Malaysia · Endata

◂ Announcements

Jan 12, 2018ACQUISITIONShah Alam, Selangor, Malaysia

Sumitomo Corporation fully acquires Sumiputeh Steel Centre in Malaysia

Sumitomo Corporation increased its stake in Sumiputeh Steel Centre Sdn. Bhd. from 50% to 100%, making it a wholly owned subsidiary. The company provides coil center services for thin steel sheet products in Malaysia.

Status

Completed

Productsthin steel sheet productscoil center services

CompaniesSumitomo Corporation acquirer Sumiputeh Steel Centre target

Sectors#Steel and Metal Products

“住友商事は、Sumiputeh Steel Centre Sdn. Bhd.の保有株式を50パーセントから100パーセントまで買い増し、同社を完全子会社化しました。”prtimes.jp

1 source
prtimes.jpマレーシアコイルセンター事業会社の100パーセント子会社化について | 住友商事株式会社のプレスリリースJan 12, 2018

Summarized from public sources; check the original articles before acting on it.

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