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Fujian Sunner Development Co Ltd to Fully Acquire FUJIAN SUNNER FOOD CO ., LTD

Thursday, 2 May 2013 08:00pm EDT 

Fujian Sunner Development Co Ltd announced that it has decided to issue new shares to two shareholders of FUJIAN SUNNER FOOD CO ., LTD, to acquire a 100% stake of FUJIAN SUNNER FOOD CO ., LTD. As details, the Company will acquire a 90.48% from a Fujian-based company that is principally engaged in husbandry, fishery and plantation businesses, and a 9.52% stake from Fujian-based investment company. The discreet value and temporary transaction amount of FUJIAN SUNNER FOOD CO ., LTD's 100% stake is RMB 1,052,323,700. The details regarding the acquisition will be disclosed later. 

Company Quote

-0.35 -3.37%
23 Apr 2014