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ST Yellow Sea to be restructured and turned into mining stocks

Source: Internet
Author: User
Keywords Change body
Tags asset asset sales business change change body company directed listed
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One months after the suspension, St Yellow Sea in Saturday disclosed assets reorganization plan and from today onwards. Through asset sales and directed issuance of shares, the St Yellow Sea will hold a 100% stake in Zihua Mining company in Inner Mongolia, which will become a mining listed company with the main business of mining and selecting pyrite and non-ferrous metal mining.

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