Highways & Rail Tracks

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Guangdong Provincial Expressway Development to issue shares for stake acquisition and fund raising

Tuesday, 30 Jun 2015 08:00pm EDT

Guangdong Provincial Expressway Development Co Ltd:To issue 663,580,300 A shares at 5.09 yuan per share and pay 390 million yuan, in exchange for 25 pct stake in Guangdong-based highway company , 100 pct stake in a Guangdong-based transportation investment management company.Transaction price is 4,365.5274 million yuan in total.To issue shares to raise up to 1,650 million yuan, for cash payment of the transaction and working capital.

Storagevault Canada Inc acquire Storage For Your Life for $52.5 Million

Friday, 26 Jun 2015 05:16pm EDT

Storagevault Canada Inc:Entered into an asset purchase agreement with Storage For Your Life Solutions and Carousel Ventures Ltd.Has agreed to purchase for an aggregate purchase price of $52,500,000 all of self storage assets, property and business used in the operation of four Greater Vancouver Area, British Columbia self storage stores owned by SFYL and Carousel.Purchase price of $10 mln will be paid by issuance of 20 mln common shares of storagevault at $0.50 per share.Says $42.5 mln of purchase price to be paid by certified cheque.

CCR SA reaches 50 pct stake in Quito International Airport Project

Tuesday, 9 Jun 2015 07:37am EDT

CCR SA:Says that its indirect subsidiaries CCR Espana Emprendimientos SLU and Alba Concessions Inc entered into a share purchase and sale agreement to buy participation in Quito International Airport Project for $46.2 million.With the conclusion of this acquisition, the company will indirectly hold 50 percent of the Quito project.

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