Yu Sanxia A intends to buy 100% of its shares of Ningxia Ziguang from Chongqing Ziguang by issuing shares
-
Last Update: 2020-06-28
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Chongqing Three Gorges A announced on the evening of December 20, the company intends to Chongqing Ziguang by issuing shares to buy its 100% stake in Ningxia ZiguangThe exchange price of the transaction is 3.06 billion yuan and 340 million shares are issuedAfter the completion of this transaction, the company will be the original paint and coating manufacturing, sales and chemical products trading business on the basis of the addition of methionine feed additivebusinessNingxia Ziguang will become a wholly owned subsidiary of a listed company, the company will be transformed from a single main business into paint coating manufacturing, sales and chemical products trade and methionine feed additives dual main businessut8The three gorges of Chongqing announced on the evening of December 20, the company intends to Chongqing Ziguang by issuing shares to buy its 100% stake in Ningxia ZiguangThe exchange price of the transaction is 3.06 billion yuan and 340 million shares are issuedAfter the completion of this transaction, the company will be the original paint and coating manufacturing, sales and chemical products trading business on the basis of the addition of methionine feed additivebusinessNingxia Ziguang will become a wholly owned subsidiary of a listed company, the company will be transformed from a single main business into paint coating manufacturing, sales and chemical products trade and methionine feed additives dual main businessut8
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.
