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Felda Global Ventures Holdings Bhd announces acquisition of new subsidiary

Wednesday, 17 Sep 2014 08:00pm EDT

Felda Global Ventures Holdings Bhd:Acquires the entire issued and paid-up share capital of FGV Trading Sdn. Bhd for a cash consideration of 2 ringgit.With the acquisition, FGV Trading has become a wholly owned subsidiary of FGV.

Berg Earth Co Ltd to acquire Qingdao-based company

Saturday, 13 Sep 2014 04:00am EDT

Berg Earth Co Ltd:To invest $250,000 to raise stake in a Qingdao-based company to 62.5 pct from 0 pct in late November.

Dahu Aquaculture to acquire property

Friday, 12 Sep 2014 08:00pm EDT

Dahu Aquaculture Co Ltd:To acquire property located in Hunan, for 22,628,036 yuan.

Cal-Maine Foods Inc announces joint venture's acquisition of franchise for Specialty Eggs Sales in Southern California and Nevada

Friday, 12 Sep 2014 04:43pm EDT

Cal-Maine Foods Inc:Says Southwest Specialty Eggs, LLC, company's joint venture with Hickman's Egg Ranch, Inc., has acquired Egg-Land's Best, Inc. franchise for the southern California markets, including Clark County and Las Vegas, Nevada.As result of this transaction, Southwest Specialty Eggs, LLC, will have licensing agreements for sale of Egg-Land's Best and Land O' Lakes branded specialty eggs, as well as 4Grain, Farmhouse Eggs and other premium brands in this market region.

Guangdong VTR Bio-Tech Co Ltd adjusts equity acquisition and fund raising plan

Thursday, 11 Sep 2014 06:49am EDT

Guangdong VTR Bio-Tech Co Ltd:To issue 7,858,728 shares at 20.28 yuan per share and pay cash of 28,125,000 yuan, to 21 individuals in exchange for 75 pct stake in a Hunan-based biotechnology company.The transaction price is 187.50 million yuan.To issue no more than 3,081,854 shares to Cai Xiaoru at 20.28 yuan per share through private placement, to raise up to 62.50 million yuan.Says this adjustment due to dividend payment of the company.

Greenyield Bhd proposed acquisition of vacant leasehold industrial land through subsidiary

Tuesday, 9 Sep 2014 08:00pm EDT

Greenyield Bhd:Says Greenyield Industries (M) Sdn. Bhd. (Purchaser), wholly-owned subsidiary of Greenyield had on Sept. 10 entered into Sale and Purchase Agreement (SPA) with Fidvi Furniture Industries Sdn. Bhd. (Vendor) (FFISB).SPA to acquire all that piece of vacant leasehold industrial land (expiring on Dec. 30 2098) held under PN 92538, Lot 4 Seksyen 2, Pekan Bukit Changgang, Daerah Kuala Langat, Negeri Selangor measuring about 10,660 square metres (Land).Acquires from FFISB for a cash consideration of 3,557,000.00 ringgit.

Omega Protein announces acquisition of Bioriginal Food & Science Corp

Monday, 8 Sep 2014 07:00am EDT

Omega Protein Corp:Says it has acquired all of stock of Bioriginal Food & Science Corp. (Bioriginal).Total purchase price for acquisition of Bioriginal is expected to be about $70.5 mln, plus $0.7 mln for estimated working capital adjustments, and will consist of about $46.5 mln in cash.Says assumption of $21.5 mln of Bioriginal's indebtedness and about 0.2 mln restricted shares of Omega Protein's common stock issued to Bioriginal's executive shareholders valued at $3.2 mln based on average closing price of Omega Protein's shares for 30-day period.Bioriginal's executive shareholders are also eligible to receive additional cash consideration if Bioriginal achieves certain financial targets over the next three years.Company will fund the cash portion of the purchase price with a combination of available cash and borrowings under its revolving credit facility.

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