Fuhuiyuan International Holdings Limited Completes Acquisition Of Fuhuiyuan International Group (Holdings) Limited
Fuhuiyuan International Holdings Limited announced that it has completed the acquisition of 100% of the issued and outstanding securities of Fuhuiyuan International Group (Holdings) Limited (Fuhuiyuan BVI), a British Virgin Islands Corporation (the Acquisition) pursuant to a Share Exchange Agreement entered into with Fuhuiyuan BVI and sole shareholder, YQ International Holdings Limited, on August 22, 2013. Pursuant to the Share Exchange Agreement, the Corporation purchased 100% of the issued and outstanding securities of Fuhuiyuan BVI in consideration of the issuance to YQ International Holdings Limited an aggregate of 7,500,000 shares of common stock of the Corporation.
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