Author: Lalita
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Japan’s Hanwa to Take 10% Stake in Myanmar’s Rebar Processing Firm
Hanwa Kogyo Co., Ltd. announced yesterday that it has signed a transfer agreement with HG Metal to acquire 10% of the stocks of Myanmar’s largest rebar processing company First Fortune International (FFI) through its consolidated subsidiary Hanwa Singapore. FFI is the biggest steel rebar fabricator, with cut, bend, and fabrication facility, with capacity of 50,000 MT…