Southern bourse-listed Hamico Mineral Group Joint Stock Co (coded KSH) on March 8 announced that the company's director board decided to invest 12 billion dong in steel project to expand production plan.
Accordingly, the project will be divided into two phases with investment of six billion dong each. The first phase of the project with capacity of 6,000 tonnes/year is expected to be in operational in this Q1.
The company will hold annual shareholders' meeting on April 10 to pass business and production plan and 2009 dividend payment.
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