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MCS Steel Non-Voting DR MSTUF

M.C.S. Steel Public Company Limited is a Thailand-based steel fabricating company. The principal activities of the Company and its subsidiaries are production and distribution of structural steel products for building construction, and residential development projects for sale. It is a large steel structure manufacturer, especially steel beams and columns for the construction of large high-rise buildings such as office buildings, hotels, shopping malls, and others. There are two types of steel structures produced by the Company: the steel structure used as a column-box and the steel structure used as beams, which are important components of the building. Its subsidiaries include Tanaka Welding Center Co., Ltd., which is focused on welder training and real estate; M.C.S.-Japan Co., Ltd., which is engaged in the design and production of structural steel products; and M.C.S. Steel-Xiamen Co., Ltd., which is engaged in the production and distribution of structural steel products.


GREY:MSTUF - Post by User

Comment by junglejameson Jan 29, 2017 10:01am
82 Views
Post# 25769316

RE:RE:Thank you retiredcf

RE:RE:Thank you retiredcf Shareholders should communicate to the company they intend to vote "No" unless the offer is sweetened.  These assets are going for a steal.   The $53million break-fee is peanuts compared to the embedded costs of internalizing management some months ago. 
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