First Fortune

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HG Metal disposes of entire 51% stake in Myanmar joint venture

Its subsidiary's shareholding of 30,486 ordinary shares in First Fortune were disposed for $2.4 million.

M&A

HG Metal acquires majority stake in Myanmar JV, to open steel rebar facility

SINGAPORE (Aug 23): HG Metal Manufacturing’s wholly-owned subsidiary, HG Metal Investments, has acquired a majority 51.04% stake in Myanmar-based joint venture (JV) company, First Fortune International, from Fortune Peak Investments for US$95,700 ($131,
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