looking good down the road,cleared all the hurdle the contract reveal the stock will reap a windfall,calling buy fast,fast,fast .may double the profit ! ! !
We refer to Bursa Malaysia Securities Berhad’s query letter dated 16 June 2016 in relation to the Announcement and is pleased to provide the following information:-
1. The background information of ESSB, Angang-HK and Ansteel Group Corporation, China including the principal business activities, date of commencement of operations, identity of the directors and major shareholders together with their shareholdings;
HTVB’s 55%-owned jointly-controlled entity, ESSB, is principally engaged in the operation of a blast furnace, and production and sale of steel slabs with an annual production capacity of 700,000 mt.
Angang-HK is a wholly-owned subsidiary of Ansteel Group Corporation, China (“Ansteel”). Ansteel is a Chinese State-Owned Enterprise. Headquartered in Anshan, Liaoning, China, Ansteel is one of the largest steel producing companies in China and in the world, and is ranked as a Fortune Global 500 company.
2. The date ESSB ceased its production and the reason for the cessation;
ESSB temporarily suspended trial production in October 2015 as a strategy to minimize losses in view of the then depressed market for slabs, soft demand and the increased volatility of the foreign exchange rates.
3. Whether the directors, major shareholders and/or persons connected with the directors and major shareholders of the Company have any direct or indirect interests in the MOU.
None of the directors, major shareholders and/or persons connected with the directors and major shareholders of the Company have any direct or indirect interests in the MOU.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
modestos
49 posts
Posted by modestos > 2016-06-15 16:38 | Report Abuse
today broke the 0.305 resistance