Tag: Joint venture
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Malaysia’s Two Steel Majors Ann Joo Steel and Southern Steel inks MoU for Joint Venture
As per the latest reports, Malaysia’s two steel giants, Ann Joo Resources Bhd (Ann Joo) and Southern Steel Bhd are proposing to form a joint- venture (JV) company to capitalise on opportunities in the long product steel manufacturing business. In a filing exchange yesterday, the companies signed a memorandum of understanding (MoU) for the JV,…