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Article: Hong Kong: Global Sweeteners buys Jinzhou Yuangcheng.
- Article from:
- TendersInfo
- Article date:
- July 5, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. 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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Byline: pinto03
Global Sweeteners Holdings has announced an agreement to takeover Jinzhou Yuangcheng Bio-chem Technology Co for HK$520 million(USD 66.6 M).Global Sweeteners will acquire 100% of Jinzhou Yuangcheng from Global Bio-chem Technology Group.The company revealed it will pay HK$156 million(USD 32.8 M) in cash, as well as issuing a HK$364 million(USD 46.6 M) unsecured loan note that is due for repayment after five years.A statement from Global Sweeteners said Jinzhou Yuancheng was situated in Liaoning Province, the PRC and is a PRC sino-foreign equity joint venture enterprise established on 6 August 2001 under the laws of the PRC with a registered capital ...
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... ... Bank ; Gartner, Inc. ; General Electric Company ; Global Bio-chem Technology Group (HKSE: 0809); Global Sources ; Global Sweeteners Holdings (HKSE: 03889); GOL Linhas Aereas Inteligentes ; Hansen Transmissions International ; Hercules Technology Growth ...
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