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11 Oct
04:26

Hanggang takes shares in waste processing company

Hangzhou Iron & Steel Company (Hanggang) plans to take up shares in waste processor Feida Environmental Science & Technology (Feida), part of the Juhua Group, Kallanish notes. In an announcement Feida says that Hanggang had reached an agreement with the Juhua Group to transfer shares in June this year. Juhua will transfer 141 million shares, or 25.67% of Feida, to Hanggang for free. The plan has been approved by the Assets Supervision and Admin…
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