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新天然气(603393.SH):子公司佳鹰拟1.5亿元收购柏龙100%股权

New Natural Gas (603393.SH): Subsidiary Jiaying plans to acquire 100% of Bolong's shares for 150 million yuan

Gelonghui Finance ·  May 6 06:50

Gelonghui announced on May 6: New Natural Gas (603393.SH) announced that it plans to acquire 100% of the shares (“this investment” or “this transaction”) of CYPRESS DRAGONS LIMITED (hereinafter referred to as “Bolong” or “target company”) in cash consideration of HK$162.96 million (equivalent to RMB 150 million) through its wholly-owned overseas subsidiary Jiaying Co., Ltd. (“Jiaying” for short). Since Bolong holds 970,000,000 shares of CHINA ENERGY DEVELOPMENT HOLDINGS LIMITED (China Energy Development Holdings Limited, stock code: 00228.HK), accounting for about 10.20% of all issued shares of China Energy Holdings, the company will indirectly hold 10.20% of the issued shares of China Energy Holdings after the transaction is completed.

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