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Shenzhen Zhongjin Lingnan Nonfemet Co Ltd Announces Acquisition Price of Perila Ltd by Subsidiary


Tuesday, 3 Sep 2013 08:00pm EDT 

Shenzhen Zhongjin Lingnan Nonfemet Co Ltd announced that its wholly owned subsidiary, Lingnan Mining (HK) Company Limited, will be acquiring approximately 366,600,000 shares of Perila Ltd's stock at AUD 0.35 per share, for AUD 128 million in total (or approximately RMB 706 million). After this, Shenzhen Zhongjin Lingnan Nonfemet Co Ltd will hold a 100% stake in Perila Ltd through Lingnan Mining (HK) Company Limited. 

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