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Luxiang Co Ltd Announces Merger of Subsidiaries; to Write off Subsidiary


Monday, 4 Feb 2013 07:00pm EST 

Luxiang Co Ltd announced that a Guangzhou-based subsidiary of its asphalt business division will merge with a Shanghai-based, a Wuhan-based, a Chongqing-based and a Xi'an-based subsidiary of the same business division, with the Guangzhou-based one to survive and the other four to be dissolved. The Company will also liquidate its Liaoning-based subsidiary of asphalt business division. 

Company Quote

18.29
-0.4 -2.14%
21 May 2013