Tag: Makaysia

Malaysia’s Two Steel Majors Ann Joo Steel and Southern Steel inks MoU for Joint Venture

Oct 8, 2019

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by

Aditi Tiwari

in HRC

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,…