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Henan Zhongyuan Expressway Co Ltd Announces Capital Injection into Sub-subsidiary

Tuesday, 4 Jun 2013 08:00pm EDT 

Henan Zhongyuan Expressway Co Ltd announced that it plans to inject RMB 280 million into a Zhumadian-based real estate company, which is wholly owned by the Company's 98.175%-owned subsidiary, a Henan-based real estate company (Subsidiary A). After the injection, the Company will hold a 93.33% stake in the target company, while Subsidiary A's holdings in it will decrease to 6.67%. 

Company Quote

0.01 +0.35%
30 Sep 2014