TISCO Stainless Steel: Gratuitous Transfer Of Holdina Shareholder TISCO's 51% Equities Passes South Korean Anti-monopoly Review
- Nov 08, 2020-
TISCO Stainless Steel announced that Shanxi State-owned Capital Operation Co. Ltd. will transfer 51% eauities of TICSO it holds to Baowu Steel in a gratuitous manner. Recarding centralized declaration of South Korean operators involved. Baowu Steel received the approval from The Korea Fair Trade Commission (KFTC) on 5 November. KFTC confirmed that the transfer didn't viplate relevant legal provisions of SouthKoreaTISCO Stainless Steel announced earlier that Shanxi State-owned Capital Operation Co., Ltd. holding 100% equities of its holding shareholder TISCO and Baowu Steel with State-owned Assets Supervision and Administration Commission of the State Council as the controlling shareholder signed a gratuitous transfer agreement, according to which the former will transfer 51% equities of TISCO it holds to the latter for free.
Spiral steel pipes are made by steel coil, extrusion forming under the normal temperature, then taken the technology of double wire and double-faced submerged-arc welded.
During molding process of spiral welded steel pipe, steel plate has uniform deformation and light residual stress, thus thesurface has no scratches. Spiral steel pipe has more flexible thicknesses and diameters, especially in making high-grade thick pipes with small or medium aperture, these techniques has incomparable advantages in satisfying your needs.
Spiral steel pipe is mainly used in public waterworks, petrochemical industry, chemical industry, electric power industry,
agricultural irrigation and urban construction etc.
* For liquid transportation: water supply, drain water, petroleum transportation, etc.
* For gas transmission: coal gas, steam, liquefied petroleum gas, gas etc.
* For structure: piling, bridge, wharf, road, architectural structure, etc.
Cangzhou Steel Pipe Group (CSPG)Co.,Ltd.
No.92 JieFang East Road ,Cangzhou City, Hebei,P.R.China.
CSPG has more than eighteen years history company which located in Lecong Iron and Steel World, a well-known steel distribution center in China, with superior geographical position and convenient water and land transportation.
We are a direct-selling manufacturer specializing in the research and development of spiral steel pipes, steel spiral pipes, anti-corrosion steel pipes inside and outside. Since its inception, the company has been guided by a brand-new thinking of steel pipe product market based on the business philosophy of honesty, pragmatism and knowledge-seeking.