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Provider : Thomson Reuters Stock Report
Provider : Reuters Investment Profile
Provider : Wright Reports
Provider : Sadif Analytics Prime

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XJ Electric completes transaction through share issuance and private placement

Monday, 17 Mar 2014 08:00pm EDT 

XJ Electric Co Ltd:Completed acquisition of assets and liabilities in a branch of its controlling shareholder, as well as acquisition of a 75 pct stake in a power supply company, a 10 pct stake in a software technology company and a 50 pct stake in an electrical company through share issuance.Completed private placement to XJ Group and raised 450 mln yuan.Says XJ Group is holding 41.02 pct stake (275,776,992 shares) up from 19.38 pct stake (95,312,386 shares) in the company. 

Company Quote

-0.15 -1.07%
5 Feb 2016