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Cayman Tung Ling Co Ltd to Acquire 100% Stake in Sunny Group L.L.C.


Friday, 9 Aug 2013 04:40am EDT 

Cayman Tung Ling Co Ltd announced that it has decided to acquire a 100% stake in Sunny Group L.L.C., for RMB 20 million, or approximately NTD 97.8 million. Sunny Group L.L.C. hold a 100% stake in a China-based infants goods company. Therefore, the Company will indirectly hold a 100% stake in the China-based infants goods company. 

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