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Qingdao Tianhua Institute of Chemistry Engineering Co Ltd (600579.SS)

600579.SS on Shanghai Stock Exchange

11.08CNY
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Qingdao Tianhua Institute plans to buy various assets via share issue
Thursday, 7 Dec 2017 06:11am EST 

Dec 7 (Reuters) - Qingdao Tianhua Institute of Chemistry Engineering Co Ltd <600579.SS>::SAYS IT PLANS TO BUY CHINA NATIONAL CHEMICAL EQUIPMENT (LUXEMBOURG), OPERATIONAL ASSETS AND DEBTS FROM TWO MACHINERY FIRMS, LAND AND PROPERTY ASSETS FROM TWO AUTOMATION FIRMS FOR A COMBINED 6.6 BILLION YUAN ($997.66 million).SAYS IT AIMS TO RAISE UP TO 1.2 BILLION YUAN IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS.  Full Article