Posted on 15 Mar 2016
Japan NSSMC plans to merge Thailand cold rolled and galvanized companies
According to Japan Nippon Steel Company (NSSMC) recently said it will
merge in Thailand of cold rolled and galvanized the two subsidiary
companies, mergers will be mutual beneficial to their business.
These two companies merged into Siam United steel companies (SUS), and
is located in Thailand's zinc-plated steel company (NSGT), which is
waiting for government approval.
These two companies expect to merge in September this year. NSSMC holds
80.2% of shares, Thailand Tin plate manufacturing company holds 4.8% of
shares and the rest by Mitsui, Sumitomo, Japan held trading company.
