Holders just a little gem I found on the net. You might a think this latest announcement more than a very strategic move by TNGs board.
Not only is POSCO a global engineering and construction co/ developed from there integrated steelworks but more recently POSCO has expanded its business into environmental plant, power plant, new city development and architecture.
POSCO has developed the Songdo international business district in South Korea and North An Kahn New City in Vietnam. Also they have developed new and recycled energy sector plants including building power plants for solar, wind and tidal energy. POSCO intends to expand into the the Middle East, Latin America and Europe.
These are all countries committed to developing sustainable national and micro grid energy.
These strategic agreements entered into by TNG management look very far reaching indeed.
Any way next week and another big announcement. Don't wake up with a hangover tommorrow.
TNG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
