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Fortune Ng Fung Food (Hebei) Co Ltd to Issue A Shares for Equity Acquisition

Sunday, 7 Apr 2013 08:00pm EDT 

Fortune Ng Fung Food (Hebei) Co Ltd announced that it will issue approximately 134 million A shares of common stock with par value of RMB 1 per share at RMB 5.99 per share, to a Sanhe-based investment company, Mr. Teng Zaisheng, a Shenzhen-based venture investment company, another Sanhe-based investment company, and a Sanhe-based catering industry investment company (Subscriber A), as well as Mr. Li Fucheng and Mr. Li Gaosheng (Subscriber B), to acquire a combined 100% stake in a Beijing-based catering management company from Subscriber A, and a combined 100% stake in a Sanhe-based food company from Subscriber B. 

Company Quote

-0.2 -2.04%
19 Dec 2014