Union Steel has been disposing of its shares in Eneco Energy since the end of May. The company has taken part in four asset acquisition and disposal transactions from then until now.
Following the disposal of 40 million shares in Eneco Energy by Union Steel Holdings, which amounts to about $460,000, the company now has about 26.11% of the total issued and paid-up share capital in Eneco.
Union Steel’s founder Ang Yu Seng and majority shareholder Goi Seng Hui, who both hold more than 20% of the total issued share capital of Union Steel, have indirect interests in the total percentage of voting shares in Eneco Energy.
