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Puda Coal Inc PUDA

Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal), which it controls through 90% indirect equity ownership. Puda cleans raw coking coal sourced from third-party coal mines primarily located in Liulin County, Shanxi Province, and markets the cleaned, coking coal to coke and steel makers. Its primary geographic markets include Shanxi Province, Inner Mongolia Autonomous Region, Hebei Province, Beijing and Tianjin, China. It purchases raw coal from a diversified pool of local coal mines in Shanxi Province.


GREY:PUDA - Post by User

Post by homestuson May 13, 2013 6:42pm
198 Views
Post# 21387372

MZ trying to list something In China!

MZ trying to list something In China!

The question is not wether or not MZ will try to list some Assets in China! The Job Ad is pretty clear about it. 

The real questions are: 

1. Will MZ succed at listing the Assets on the Chinese Market? Not so obvious these days

2. What assets is MZ trying to List! 

 

Heer you can find a translation of the Document! It is pretty clear thatthe Company hiring the Secretary of the Board is in a "Pre-IPO" stage. What is not clear is which asstes MZ will list! ... Will it list the Entire Group (Puda Group) or will he list only a Division of the Group (Subsidiary ... as for example the Agricultural Division).

The job Ad says that the Employeer is a Large Shanxi Coal Group. and that the Industry is Engery-related. However this does not rule out the possibility that Puda Group Is hiring a Secretary of the Board for one Subsidiary it is going to list in the near future!

As I said ... For now ... we can not be sure about the assets MZ will try to list! ... Maybe Puda Coal Inc Mines (per 10k2010) are among them ... or ... maybe not! .. 

We will see ...

 The only sure thing is: MZ is trying to list a Company In China. 

 

 

Link to the Document

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