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China Kejian Co Ltd Signs Agreement of Intent for Restructuring

Friday, 19 Apr 2013 08:00pm EDT 

China Kejian Co Ltd announced that it has signed an agreement of intent for restructuring with Beijing Capital Agribusiness Group (Group A) on April 16, 2013. According to the agreement, the Company will divest all its liabilities, debt, business and personnel, and issue new shares to all the shareholders of Beijing Huadu Group Corp., Ltd. (Huadu Group) including Group A, and shareholders of partial subsidiaries of Huadu Group, to acquire the poultry breeding and processing business and assets of Huadu Group, which were valued at not less than RMB 2 billion. 

Company Quote

-0.03 -0.22%
26 Feb 2015