Shandong Nanshan Aluminium to Provide $21 Million Guarantee Extension to Singapore Subsidiary; Shares Down 3%

MT Newswires Live

2024/11/11

Shandong Nanshan Aluminium (SHA:600219) will provide a guarantee extension to subsidiary Nanshan Aluminum Singapore.

The guarantee amount is $21 million, according to a Nov. 9 filing with the Shanghai bourse. This brought the total guarantee the aluminum company provided to the subsidiary to $71 million.

Shares of Shandong Nanshan Aluminium were down 3% in recent trade.

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