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Article: CHINA GREAT WALL COMPUTER SHENZHEN MERGES HK SUBSIDIARY
- Article from:
- AsiaInfo Services
- Article date:
- June 30, 2009
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AsiaInfo Services
06-30-2009
China Great Wall Computer Shenzhen Merges HK Subsidiary
SHENZHEN, Jun 30, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Great Wall Computer Shenzhen Co., Ltd. (SZSE: 000066) has become the controlling shareholder of China Great Wall Computer (HK) Holding Limited.
Currently, the Shenzhen-based computer maker takes a 99.9999% stake in its Hong Kong subsidiary, representing 1.09 million shares. On April 30, 2009, the board of Great Wall Shenzhen consented the equity acquisition, for which the company would pay China Great Wall Computer Group Corporation CNY 10.6 million. On May 22, the deal got approval from the Ministry of Commerce of China.
On June 29, ...