Toys & Juvenile Products

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Green International Holdings Ltd announces memorandum of understanding in respect of the possible acquisition

Tuesday, 16 Dec 2014 06:54am EST

Green International Holdings Ltd:Says Green Capital (Hong Kong) Limited, a wholly-owned subsidiary of company), and Hong Kong E&R-PRO Company Limited (Vendor) enters into memorandum of understanding.Which is non-legally binding, in respect of possible acquisition of a minimum of 51 pct and a maximum of 100 pct of equity interest in Hong Kong E&R-PRO Assets Management Limited.MOU shall remain in effect for a term of 12 months from the date of the MOU.Vendor also agreed that, inter alia, it shall not engage in any discussion, negotiation or arrangement or enter into any agreement in relation to Possible Acquisition and/or disposal of any of Target Company with any other party during the Term.Also says exclusivity Period may be extended upon written agreement of Green Capital and the Vendor.If no formal agreement in relation to Possible Acquisition is entered into between Green Capital and the Vendor within Exclusivity Period, the MOU shall be terminated on the expiry date of the Exclusivity Period.

China Tycoon Beverage Holdings Ltd's Beijing Luxtone announces acquisition of Ankai Tianjin through structured contracts

Tuesday, 18 Nov 2014 05:07pm EST

China Tycoon Beverage Holdings Ltd:Says that Beijing Luxtone, wholly owned subsidiary of the company, entered into framework agreement with existing shareholders and Ankai Tianjin.Pursuant to which Beijing Luxtone has conditionally agreed to acquire entire right of control, economic interests, management and benefits of Ankai Tianjin through structured contracts.Ankai Tianjin will conduct reorganisation and upon its completion, it will only hold 40 pct. and 70 pct. equity interests in Hubei Changjiang Huasheng and China Sports Insurance respectively.Pursuant to framework agreement, consideration shall be HK$120 million which shall be payable by Beijing Luxtone to existing shareholders (or to designated nominee(s) of existing shareholders).

Freeze Tag plans to acquire mobile game developers

Wednesday, 12 Nov 2014 05:00am EST

Freeze Tag Inc:Announces its plan to enhance the growth of its business through the strategic acquisition of successful mobile game companies.To strengthen its position in the industry and accelerate its growth, Freeze Tag plans to acquire mobile game developers who have had success in developing games that have built an audience.

XPEC Entertainment Inc to acquire stake in Proficient Success Limited

Monday, 29 Sep 2014 08:55pm EDT

XPEC Entertainment Inc:To acquire 90 shares (90 pct stake) of Proficient Success Limited with amount of $96,435,000 from First Response Limited.

Green International Holdings Ltd updates on proposed acquisition

Friday, 12 Sep 2014 07:21am EDT

Green International Holdings Ltd:Refers to the announcement made on March 25, in respect of the proposed acquisition.Green Capital, not being satisfied with its due diligence on the target company, has decided not to enter into any formal agreements with the Vendor.Directors considered the proposed acquisition might not be in the best interests of the company and the shareholders as a whole.The Exclusivity Period will expire on Sept. 24 and the MOU will also be terminated on the same date.

Starbreeze AB acquires Geminose Inc

Wednesday, 10 Sep 2014 02:09pm EDT

Starbreeze AB:Announces that the acquisition of Geminose Inc. has closed with Starbreeze acquiring Geminose for $7 million in Starbreeze shares, valued at the share price per closing date of the transaction.


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