Electrical Components / Equipment
Beijing Creative Distribution Automation Co Ltd to Acquire Stake in Subsidiary
Beijing Creative Distribution Automation Co Ltd announced that it will acquire the remaining 35% stake in its Beijing-based subsidiary, which engages in the sale of automobile service station equipment and accessories, as well as the sale of vehicle gas station compressors and accessories, for RMB 17.50 million in total. After the transaction, the Company will hold a 100% stake in the subsidiary.
Luxshare Precision Industry Co., Ltd to Acquire Stake in Subsidiary
Luxshare Precision Industry Co., Ltd announced that it will acquire 950,000 shares of its Shenzhen-based subsidiary, which engages in the manufacturing and sale of power plug and cable, as well as the purchase and sale of power connectors, communications equipment, office equipment and computer accessories, for RMB 36.80 million in total. As a result, the Company will hold a 100% stake in the subsidiary, up from 75%.
SEIKO HOLDINGS CORP Confirms on Transaction Date to Sell Shares of Subsidiary to HOYA CORP
SEIKO HOLDINGS CORP announced that it will sell a 30% stake in a wholly owned subsidiary SEIKO OPTICALPRODUCTS CO.,LTD to HOYA CORP on June 1, 2013. This is part of the transaction plan disclosed on November 16, 2012, for transfer of 50% stake in SEIKO OPTICALPRODUCTS.
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Analyst Research
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