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GP Batteries International Ltd Announces Merger Of Subsidiaries And Deregistration Of Subsidiary


Friday, 15 Mar 2013 05:22am EDT 

GP Batteries International Ltd announced that approval has been obtained from the relevant authorities in the People's Republic of China for the merger of two of the Group’s subsidiaries, namely Zhongyin (Ningbo) Battery Co. Ltd (ZYNB) and Ningbo GP Pairdeer Batteries Co. Ltd (NBPD). Under the terms of the merger, the business undertaking of NBPD will be transferred to ZYNB, following which NBPD will be deregistered. The Company also announced that GPI International (Guangzhou) Limited, a dormant subsidiary of the Group, has been deregistered. 

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27 Jan 2015