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Hangzhou Jiebai Group Co Ltd Receives Approval to Issue Shares for Stake Acquisition and Fund Raising

Friday, 23 Aug 2013 12:00pm EDT 

Hangzhou Jiebai Group Co Ltd announced that it has received approval from State-owned Assets Supervision and Administration Commission of the People's Government of Zhejiang Province to issue 399,751,671 A shares to acquire a 100% stake Hangzhou-based investment company from a Hangzhou-based tourism group company, and to issue up to 147,792,706 shares through private placement. 

Company Quote

-0.11 -1.39%
18 Dec 2014