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Apr,16,2008 NSM to be controled by G Steel |
Thailand's largest HR mill, G Steel, already settled the agreement with Nakornthai Strip Mill Plc. (NSM) to buy another 7 billion shares of NSM by issuing 2.6 billion new shares to Whiterock Glogal Fund.
G STeel is also considering combining the two companies' facilities into a single operation to gain the max. benefits and decreasing the costs.
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