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20 Jul
10:28

Kyoei to boost VIS ownership again

Japan’s Kyoei Steel has registered to buy additional shares in its recently-acquired Vietnam-Italy Steel (VIS) subsidiary. The steady share purchases over this year suggest Kyoei wants to have almost full ownership of the plant to integrate it with its other Vietnamese arms, Kallanish notes. Kyoei completed the purchase of an additional 2 million shares at the start of July and now plans to buy another 2 million from shareholders over 19 July to …
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