Sunday, September 8, 2013

Provide financial support during the global financial crisis

Paley's managing director Paul Arndt Carbon Steel Slip On Raised Face Flange said in the announcement, zhongjin lingnan's bid is paley, shareholders in the challenging global economic environment, SCH40 large diameter LSAW steel pipe attractive investment opportunities at a premium.

Paley says, if a separate report showed that ANSI B16.9 A234 WPB 180 Deg Elbow the trade in the best interest of the minority shareholders, and there are no other offer, company directors will support the proposal. The deal has yet to be approved by the Chinese and Australian regulators.

Zhongjin lingnan early in 2009 to accept the hydraulic equal tee carbon steel pipe fitting purchase mode and strategic alliance agreement for the first time a stake in zechariah. The content of the strategic alliance agreement includes to provide financial support during the global financial crisis, as well as offering paley, zhongjin lingnan China market information.
Paley said, in the December issue of the shareholders is expected to vote on the proposal at the meeting.

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