Joseph Meuse Shareholder in Newly Public Chinese Steel Company
Posted April 30, 2010 4:31PM PST
A Chinese steel maker near Beijing reverse merged into the shell company A.G. Volney Center, giving the shareholders of the new company a stake of about 98.75%.
About 66.4% of Dachang Hui Autonomous County Baosheng Steel Products Co. is owned by an entity controlled by CEO Hongzhong Li. Joseph Meuse, who runs the shell sponsor Belmont Partners, owns a stake of about 7%.
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