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Kong Sun Holdings Ltd's Kong Sun Yongtai Investment Holdings Co Ltd to acquire entire equity interest of project company

Friday, 7 Nov 2014 08:43am EST

Kong Sun Holdings Ltd:Says that on Nov. 7, Kong Sun Yongtai Investment Holdings Co Ltd, wholly owned subsidiary of the company, entered into agreement with vendors and project company.Under which Kong Sun Yongtai Investment Holdings Co has agreed to acquire entire equity interest of project company at consideration of 99,570,000 yuan (equivalent to about HK$126,155,000).Project company is engaged in development of 30 MW photovoltaic power plant in Jiuquan City, Gansu Province, PRC.

Brooke Asia Ltd updates on proposed acquisition of entire issued and paid-up share capital of China Star Food Holdings Pte. Ltd

Wednesday, 5 Nov 2014 09:17am EST

Brooke Asia Ltd:Says further to earlier termsheet announcement, says that it has on Nov. 5 entered into conditional sale and purchase agreement with Huang Lu, Liang Cheng Wang, Lee Chee Seng, Wang Yu Huei, Yang Meng Yang, Hoo Sum Hak and Chiar Choon Teck (Vendor).To acquire all their ordinary shares representing entire issued and paid-up share capital in China Star Food Holdings Pte. Ltd. (CSFH), together with subsidiaries (Proposed Acquisition).Pursuant to agreement, aggregate purchase consideration in respect of proposed acquisition is S$168,000,000.to be fully satisfied by company at completion of proposed acquisition by issuance and allotment of aggregate of 840,000,000 new fully paid-up ordinary shares in issued share capital to Vendors at issue price of S$0.20 per share.

Dorel Industries Inc concludes acquisition of Juvenile Business of Asian-based Lerado Group

Monday, 3 Nov 2014 07:30am EST

Dorel Industries Inc:Has completed its previously-announced acquisition of juvenile business of Hong Kong-based Lerado Group.Purchase price was HK$930 mln ($120 million) and has been funded from proceeds of offering of $120 mln of extendible convertible unsecured subordinated debentures.

Guangdong Yihua Timber Industry Co Ltd to invest in Dongguan-based company

Thursday, 30 Oct 2014 08:00pm EDT

Guangdong Yihua Timber Industry Co Ltd:To invest 25.5 mln yuan into a Dongguan-basedhome furnishings company.To hold 51 pct stake in target company.

Guangdong Yihua Timber Industry Co Ltd to issue shares for stake acquisition and fund raising

Tuesday, 14 Oct 2014 08:00pm EDT

Guangdong Yihua Timber Industry Co Ltd:To issue 46,941,667 A shares at 4.85 yuan per share and pay 342.3329 million yuan, to 15 investors, in exchange for 100 pct stake in a Shenzhen-based hotel supplies company.Transaction price is 570 million yuan in total.To issue 39,175,257 shares to top shareholder to raise 190 million yuan, for cash payment of the transaction.

Brooke Asia Limited proposes acquisition of new operating business

Friday, 3 Oct 2014 03:28am EDT

Brooke Asia Limited:Enters into a non-binding term sheet to acquire a Singapore incorporated investment holding company, together with its subsidiaries and associated companies that is primarily engaged in cultivation, research, development, production and sales of sweet potato snack food products in China.Says the purchase consideration for the proposed acquisition shall be satisfied by the allotment and issuance of new shares in the issued and paid-up share capital of the company to the vendors and may result in a reverse takeover pursuant to Rule 1015 of the Catalist Rules.

Victoria PLC announces acquisition of Abingdon Flooring Ltd

Tuesday, 30 Sep 2014 09:00am EDT

Victoria PLC:Says acquisition of Abingdon Flooring Ltd.Says acquisition for an initial cash consideration of 7.655 mln Pound.Additional deferred cash consideration of up to 4.5 mln Pound will be payable to vendors of Abingdon if annual performance targets for increased EBIT are achieved over three year period.Says acquisition is in line with Victoria's strategy of growing its business with earnings enhancing acquisitions.

The Dixie Group acquires assets of Burtco Enterprises, Inc.

Wednesday, 24 Sep 2014 11:26am EDT

The Dixie Group Inc:Acquires substantially all of the assets of Burtco Enterprises, Inc.Dixie Group is hiring substantially all of the employees of Burtco, including its operations, sales and marketing staffs and will continue to operate its tufting facility in Chickamauga, Georgia.


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