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Provisional Bid for Hanbo Steel Co is Delayed

Sept 14,1998
A provisional bid for Hanbo Steel Co has been delayed. According to sources close to the matter on September 14, Bankers Trust Company (BTC) which is in charge of the sale of Hanbo intends to postpone a provisional bid scheduled on September 15 for some time.
This is to give possible bidders enough time to be ready for the bidding.
BTC plans the final bidding for October 31.



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