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Anhui Saunaking to issue shares to acquire SHENZHEN JOSEN and raise fund

Friday, 6 Jun 2014 08:00pm EDT 

Anhui Saunaking Co Ltd:To issue 4,508,453 shares at 15.97 yuan per share and pay 36 mln yuan in exchange for 100 pct stake in SHENZHEN JOSEN INDUSTRIAL CO., LTD. from Gong Xiangmin and Chen Mengyang.Transaction price at 108 mln yuan.To issue up to 2,502,781 shares at no less than 14.38 yuan per share through private placement, to raise 35.99 mln yuan, for the acquisition payment. 

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0.63 +2.97%
28 May 2015