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Wintime Energy Co Ltd and Subsidiaries to Acquire Stake in Coal Companies


Monday, 26 Aug 2013 12:00pm EDT 

Wintime Energy Co Ltd announced that its Shanxi-based energy investment subsidiary will acquire a 49% stake in two Shanxi-based coal industry companies from a Shanxi-based energy group company, its coke development subsidiary will acquire a 49% stake in three Shanxi-based coal industry companies from Mr. Yan Fawang and Mr. Ru Linglong, Mr. Yan Shouli and Mr. Wu Jingyu, as well as Mr. Ma Baiming, Mr. Ma Ruiyi and Mr. Ma Haijun respectively. The Company will acquire a 49% stake in another Shanxi-based coal industry company from Mr. Shi Jingren. The transaction price is RMB 3,991 million in total. 

Company Quote

4.72
0.07 +1.51%
1:59am EST