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Ching Feng Home Fashions Co Ltd to acquire stake in three companies


Friday, 17 Jan 2014 05:16am EST 

Ching Feng Home Fashions Co Ltd:Says to acquire 14.88 pct stake in Praise Home Industry Co.,LTD. for $1.55 million, to acquire 100 pct stake in New Nice HomeFashions L.L.C. for $25.55 million, and to acquire 100 pct stake in ICS Company LTD for $1.89 million, from Xu Peixiang.Says the transactions were completed in Apr. 2012 and Dec. 2012.Says the company is holding 99.99 pct stake in Praise Home Industry Co.,LTD., as well as 100 pct stake in New Nice HomeFashions L.L.C. and ICS Company LTD. 

Company Quote

9.7
0.29 +3.08%
17 Apr 2014