Specialty Mining & Metals
Yunnan Tin Co Ltd:To use 500 million yuan to set up a wholly owned smelting subsidiary.
Hwa Woei Laminate Corp:To set up overseas subsidiary with capital of $5 mln.Details to be decided.
Yangmei Chemical Co Ltd:Shanxi-based wholly owned subsidiary to establish new subsidiary in Singapore, with a registered capital of S$3 million (about 13.80 mln yuan).
AMG Advanced Metallurgical Group NV:Subsidiary Ald Vacuum Technologies expands market presence in North America.Has acquired remaining 50 pct share of their joint venture company, Ald-Holcroft Co. Inc.
Alconix announces notice about acquisition of stock and establishment of intermediate holding company
Alconix Corp:Says has decided to acquire all outstanding 2,660,230 shares (100 pct stake) of MARKTEC Corporation for 7,102 mln yen in total (including expense) planned in the middle of February.And to establish a wholly owned intermediate holding company for the acquisition of MARKTEC Corporation, in the early February.The intermediate holding company will acquire all outstanding shares of MARKTEC Corporation and make it a subsidiary.
Sichuan Western Resources Holding Co Ltd:Says establishment of five wholly owned subsidiaries in Shanghai, with a registered capital of 50 million yuan respectively.