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Sapphire first entered the China steel industry in 2007 by acquiring a 16% indirect stake in an integrated steel group. The steel group was divested from the steel business unit of Sichuan Chuanwei Group Co., Ltd ("Chuanwei") which is a local conglomerate with businesses spinning beyond steel to include iron ore and coal mining, cement production and real estate.
Under the steel group are four subsidiaries - Special Steel, China VTM, Bowei and Weiyuan which collectively own iron-ore mines, vanadium, steel and coke plants in the same province.
Apart from Special Steel, which Sapphire has since increased its stake from 11.2% to a 100% wholly-owned, the Group has deemed interests of of 11.69% in Weiyuan and 9.2% in directly-held China VTM.
公司官网:http://www.sapphirecorp.com.sg/index.html
Name of Announcer * | SAPPHIRE CORPORATION LIMITED | Company Registration No. | 198502465W | Announcement submitted on behalf of | SAPPHIRE CORPORATION LIMITED | Announcement is submitted with respect to * | SAPPHIRE CORPORATION LIMITED | Announcement is submitted by * | Foo Tee Heng | Designation * | Executive Director | Date & Time of Broadcast | 14-Aug-2013 17:51:45 | Announcement No. | 00138 |
The details of the announcement start here ... |
For the Financial Period Ended * | 30-06-2013 | Description | HALF YEAR FINANCIAL STATEMENTS AND DIVIDEND ANNOUNCEMENT FOR THE PERIOD ENDED 30 JUNE 2013 |
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