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China CBM Group Co Ltd (8270.HK)

8270.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

China CBM Group Co Ltd says unit enters sale and purchase agreement
Monday, 12 Oct 2015 09:53am EDT 

China CBM Group Co Ltd:Says Shanxi Yangcheng (a wholly owned subsidiary of the Company) as purchaser and Wang as vendor entered into the Agreement.Pursuant to Agreement Shanxi Yangcheng has conditionally agreed to purchase and Wang has conditionally agreed to dispose of the Sale Interest at a total consideration of 50,300,000 yuan.Upon Completion, the Target Company will become an indirect wholly-owned subsidiary of the Company.  Full Article