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丝路能源(08250.HK)附属收购水果进口业务公司51%的股权

Silk Road Energy (08250.HK) acquires 51% stake in Fruit Import Business Company

財華社 ·  Nov 23, 2021 21:20

[Caihua Social News] Silk Road Energy (08250.HK) announced that on November 23, 2021, Da Huicheng (a wholly-owned subsidiary of the company) and Xie Bangkun (as a buyer) entered into an equity transfer agreement with the seller (Shenzhen Houpu Industrial Co., Ltd.). Accordingly, Da Huicheng and Mr. Xie have agreed to acquire 51% and 49% of the shares of the target company from the seller in accordance with the terms of the equity transfer agreement. Upon completion of the equity transfer, Da Huicheng and Mr. Xie will hold 51% and 49% of the target company respectively.

On 23 November 2021 (after trading hours), Dahuicheng entered into a cooperation agreement with Mr. Tse to regulate the management and operation of the target company by Dahuicheng and Mr. Tse.

Target company Zhongtai Hongzhi Technology (Shenzhen) Co., Ltd. has the import license granted by the Chinese department, mainly engaged in fruit import business.

The registered capital corresponding to the target equity of RMB 10 million shall be borne by the seller but has not yet been paid. The consideration of equity transfer and the amount of capital payment to be paid by Dahuicheng will be financed by the internal resources of the Group.

The Directors consider that the equity transfer is a good business opportunity, this is due to the fact that the Target Company has the necessary import licenses granted by the PRC department, Mr. Xie's extensive experience in fruit trade and import, the increasing demand for imported fruits in the PRC and the good business prospects of the Target Company by virtue of Mr. Xie's resources and experience. Upon completion of the equity transfer, the Target Company will become a subsidiary of the Company and the Group will be able to develop its fruit import business into a new major business segment of the Group, which the Directors believe will generate more revenue and increase the Group's long-term interest rates.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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