Daehan Steel to acquire 50% stake in Angkasa Amsteel for US$26.65 million

Daehan Steel Co. has agreed to purchase Lion Industries Corp's entire 50% stake in Singapore's Angkasa Amsteel Pte Ltd for US$26.65 million. The transaction is part of Lion Industries' plan to fund its expansion into flat steel.

“Lion Industries Corp is selling its entire 50 percent stake in Singapore’s Angkasa Amsteel Pte Ltd to Daehan Steel Co for US$26.65 million mt.”steelorbis.com

• 1 source
• steelorbis.comDaehan Steel to purchase Angkasa AmsteelJan 8, 2019

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