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Steel and Metal Productsworld trade 2024+3.9% 5Y CAGR

Apr 17, 2019ACQUISITIONHong Kong, Hong Kong SAR China

Shanghai-Hong Kong United sells He Tai Steel to Hong Kong Environmental Protection

Shanghai-Hong Kong United (01001) agreed to sell its wholly-owned subsidiary He Tai Steel Limited to Hong Kong Environmental Protection Group for HKD 15 million. He Tai Steel is engaged in the trading of recycled steel in Hong Kong.

Value

$1.91M (15.0M HKD)

Status

Announced

Productsrecycled steel

CompaniesShanghai-Hong Kong United Hong Kong Environmental Protection Group acquirer He Tai Steel Limited target

Sectors#Steel and Metal Products

“于2019年4月17日，该公司全资附属Green Success Global Limited作为卖方与买方香港环保集团订立买卖协议，卖方以1500万港元向买方出售和泰钢铁有限公司全部股权。”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com沪港联合(01001)拟1500万港元向香港环保出售和泰钢铁所有权益Apr 17, 2019

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

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