Xingfa Group to acquire Hubei Taisheng's 51% share

On 24 Jan. 2014, Hubei Xingfa Chemicals Group Co., Ltd. (Xingfa Group) introduced a private offering, to issue 94.60 million shares (USD2.10 per share) to Zhejiang Jinfanda Biochemical Stock Co., Ltd. (Zhejiang Jinfanda), thus to acquire a 51% share ...

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