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Article: Process Equipment Inc. Announces Letter of Intent to Acquire Chinese Aquaculture and Aquatics Company.
- Article from:
- PR Newswire
- Article date:
- January 30, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Process Equipment, Inc. (BULLETIN BOARD: PEQM) announced today that it has entered into a letter of intent to acquire Jade Profit Investment Limited, a privately held British Virgin Islands limited liability company that operates an 84.42% owned subsidiary in China under the name Hainan Quebec Ocean Fishing Co. Ltd. Hainan Quebec is an integrated aquatic products company that cooperatively farms, harvests, processes, and sells its products, consisting primarily of shrimp and tilapia.
Under the terms of the letter of intent the Company would acquire all of the issued and outstanding capital stock of Jade Profit in exchange for shares of the Company's common ...
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Article: Process Equipment, Inc. Completes $1.3 Million ...
PR Newswire;
April 23, 2004 ;
700+ words
...Process Equipment Inc. (BULLETIN BOARD: PEQM) is ... Sporns, Chief Executive Officer of Process Equipment, Inc., said, "We are very pleased by this financing. It provides Process Equipment with capital to fuel its continued ...
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