
Non-ferrous
PriceNewsPublicationDatabaseEventsConsulting
Non-ferrous
Base metals

Minor metals

Precious metals

Scrap metals

Rare earth

SHANGHAI, Jun. 4 (SMM) – Far East Cable Co. entered into agreement with major shareholders of Beijing Semeureka Electric Co. to acquire 51% stake in Semeureka with 284.53 million yuan ($46 million).
The transaction will allow Far East Cable to extend its business into power distribution area, the company told Shanghai Stock Exchange.
Semeureka realized 106.47 million yuan of operating revenue, and created 37.84 million yuan in net profit in the 2013 fiscal year.
For queries, please contact Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn