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Inner Mongolia Eerduosi Resources Co., Ltd. to Merge with Subsidiaries

Monday, 4 Feb 2013 07:00pm EST 

Inner Mongolia Eerduosi Resources Co., Ltd. announced that it will acquire a 1% stake in two Mongolia-based cashmere products companies from its wholly owned subsidiary, an Inner Mongolia-based international trade company, respectively for RMB 572,700 and RMB 60,000. After that, the Company will hold a 100% stake in both two target companies. And then the Company will merge with these two subsidiaries, as well as another two wholly owned subsidiaries, an Inner Mongolia-based cashmere apparel company and another Inner Mongolia-based cashmere products company. 

Company Quote

0.0040 +0.45%
8:30pm EST