04
Mar
13:39
Jiangsu Yueda Investment gives up capital increase in DYK
Shanghai-listed Jiangsu Yueda Investment announced that it won’t join Dongfeng Yueda-Kia Motor (DYK)’s capital increase this time and its related company Jiangsu Yueda Automobile will take over it instead.
Currently, Jiangsu Yueda Investment holds 25% of DYK -- a China-based automotive joint venture. After the capital increase, this share will decline to 4.2%. According to its announcement via Shanghai Stock Exchange on 2 March, th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous