Tag Archive | "acquire"

BRIEF-Shenzhen Sunway Communication gets regulatory approval to acquire

BRIEF-Shenzhen Sunway Communication gets regulatory approval to acquire … May 22 Shenzhen Sunway Communication Co Ltd. * Says gets securities regulator's approval to acquire assets, shares to resume trade on May 25. Source text in Chinese: bit.ly/1GtB36B. Further company coverage: (Reporting by Hong Kong and Singapore … Read more on Reuters

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BRIEF-Shenzhen Fountain to acquire stake in environment firm for 449 mln yuan

BRIEF-Shenzhen Fountain to acquire stake in environment firm for 449 mln yuan May 8 Shenzhen Fountain Corp. * Says plans to acquire 80.5 percent stake in environmental protection firm for 448.8 million yuan ($ 72.29 million) via cash, share issue. * Says trading of shares to resume on May 11. Source text in Chinese: bit.ly […]

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BRIEF-Shenzhen Infinova to acquire Chinese tech firm for 210 mln yuan

BRIEF-Shenzhen Infinova to acquire Chinese tech firm for 210 mln yuan Feb 12 (Reuters) – Shenzhen Infinova Ltd. * Says plans to acquire tech firm Sharp Wisdom for 210 million yuan ($ 33.63 million) via cash, share issue. * Says trading of shares to resume on Feb 13. Source text in Chinese: bit.ly/16WzCyj; bit.ly/1vGjmNM. Read […]

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BRIEF-Shenzhen Heungkong to acquire two retailers for about 2.4 bln yuan

BRIEF-Shenzhen Heungkong to acquire two retailers for about 2.4 bln yuan Feb 13 (Reuters) – Shenzhen HeungKong Holding Co Ltd. * Says plans to acquire two retailers for about 2.4 billion yuan ($ 384.68 million) via cash, share issue. * Says plans to raise up to 700 million yuan in private placement of shares to […]

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BRIEF-Xiamen 35.com to acquire Shenzhen online games company for 715 mln

BRIEF-Xiamen 35.com to acquire Shenzhen online games company for 715 mln … Dec 26 (Reuters) – Xiamen 35.com Technology Co Ltd. * Says plans to acquire Shenzhen Daoxi Technology for 715 million yuan ($ 115.11 million) via cash, share issue. * Says shares to resume trade on Dec 29. Source text in Chinese: bit.ly/1rogq65; bit.ly/ … […]

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BRIEF-Shenzhen Salubris Pharma to acquire stake in a Shenzhen asset

BRIEF-Shenzhen Salubris Pharma to acquire stake in a Shenzhen asset … Nov 6 (Reuters) – Shenzhen Salubris Pharmaceuticals Co Ltd. * Says plans to acquire 50 percent stake in a Shenzhen-based asset management firm for 471.5 million yuan (77.15 million US dollar). Source text in Chinese: bit.ly/1tDgMDr. Further company … Read more on Reuters

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BRIEF-Shenzhen Glory Medical to acquire 66.2 pct stake in Jiangsu firm

BRIEF-Shenzhen Glory Medical to acquire 66.2 pct stake in Jiangsu firm Sept 15 (Reuters) – Shenzhen Glory Medical Co Ltd. * Says to acquire 66.21 percent stake in a medical equipment firm in jiangsu province for 101.4 million yuan (16.51 million US dollar). * Says shares to resume trading on Sept 16. Source text in […]

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BRIEF-Harbin Churin to acquire Shenzhen jewellery firm valued at 1.35 bln yuan

BRIEF-Harbin Churin to acquire Shenzhen jewellery firm valued at 1.35 bln yuan Says plans to acquire Shenzhen jewellery company valued at 1.35 billion yuan (220.29 million US dollar) via share issue. * Says plans to raise up to 450 million yuan via private placement of shares to fund acquisition. * Says its shares to resume […]

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BRIEF-Shenzhen Jiawei Photovoltaic Lighting to acquire lighting firm for 122.5

BRIEF-Shenzhen Jiawei Photovoltaic Lighting to acquire lighting firm for 122.5 … July 16 (Reuters) – Shenzhen Jiawei Photovoltaic Lighting Co Ltd. * Says signs agreement to acquire lighting firm Poso for 122.5 million yuan ($ 19.75 million). Source text in Chinese: bit.ly/1nvnyVq. Further company coverage: ($ 1 = 6.2032 Chinese Yuan) … Read more on Reuters

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BRIEF-Shenzhen Keybridge Communications to acquire mobile games

BRIEF-Shenzhen Keybridge Communications to acquire mobile games … July 2 (Reuters) – Shenzhen Keybridge Communications Co Ltd. * Says board approves purchase of mobile games developer JMT Mobile for 207 million yuan ($ 33.33 million). Source text in Chinese: bit.ly/1z7x4HT. Further company coverage: ($ 1 = 6.2101 … Read more on Reuters

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Investors Acquire 20% Of BGI Shenzhen For $320M

Investors Acquire 20% Of BGI Shenzhen For 0M These investors are to acquire a 20% stake in subsidiary BGI Shenzhen, whose main business is noninvasive prenatal testing, at a valuation of around RMB10 billion (US$ 1.6 billion). The latest financing follows a RMB1.398 billion (US$ 225 million) … Read more on China Money Network

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BRIEF-Shenzhen Jiawei Photovoltaic Lighting signs agreement to acquire

BRIEF-Shenzhen Jiawei Photovoltaic Lighting signs agreement to acquire … May 21 (Reuters) – Shenzhen Jiawei Photovoltaic Lighting Co Ltd. * Says signs agreement to acquire Zhongshan Poso Lighting for 122.5 million yuan ($ 19.64 million). Source text in Chinese: link.reuters.com/nad59v. Further company coverage: ($ 1 = 6.2384 … Read more on Reuters

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Heparin Maker Shenzhen Hepalink to Acquire US Supplier

Heparin Maker Shenzhen Hepalink to Acquire US Supplier Both companies say the deal will expand their markets and allow better access to raw materials to manufacture Heparin. Prior to its initial public offering more than three years ago, Shenzhen battled claims that its product, made from pig intestines … Read more on Wall Street Journal

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Cogo Signs Letter of Intent for Chairman and CEO Jeffrey Kang to Acquire 30.4

Cogo Signs Letter of Intent for Chairman and CEO Jeffrey Kang to Acquire 30.4 … SHENZHEN, China, Sept. 9, 2013 — /PRNewswire/ — Cogo Group, Inc. ("Cogo," or the "Company") (NASDAQ: COGO) a leading gateway for global semiconductor companies to access the industrial and technology markets in China, announced today that the … Read more on […]

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Global Sources to Acquire Interest in Shenzhen International Machinery

Global Sources to Acquire Interest in Shenzhen International Machinery … Global Sources (NASDAQ: GSOL) has entered into an agreement to acquire an ownership interest in the Shenzhen International Machinery Manufacturing Industry Exhibition and its related shows (SIMM). Per the terms of the agreement, Global Sources is set … Read more on Benzinga

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