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Rich Development Co Ltd's subsidiary to fully acquire sub-subsidiary


Friday, 6 Dec 2013 04:47am EST 

Rich Development Co Ltd:Says its wholly owned subsidiary will acquire stake in an environmental engineering company, to wholly own the target company.Says the subsidiary plans to issue 100,000,000 shares in exchange for remaining shares in the target company owned by other shareholders.Says one share of the subsidiary will be exchanged for 1.0297 shares of the target company, as record of Dec. 23. 

Company Quote

15.0
-0.15 -0.99%
1:30am EDT