DGAP-News: Greater China Precision Components Limited ('GCPC' or 'the Company'): Proposed Acquisition of Shares in Qinghai Province Xinghai District Yuanfa Mining Co., Limited
(firmenpresse) - DGAP-News: Greater China Precision Components Ltd. / Key word(s):
Letter of Intent
Greater China Precision Components Limited ('GCPC' or 'the Company'):
Proposed Acquisition of Shares in Qinghai Province Xinghai District
Yuanfa Mining Co., Limited
07.08.2013 / 10:30
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Greater China Precision Components Limited ('GCPC' or 'the Company'):
Proposed Acquisition of Shares in Qinghai Province Xinghai District Yuanfa
Mining Co., Limited
Dissemination of a Corporate News, transmitted by DGAP - a company of
EquityStory AG.
The issuer / publisher is solely responsible for the content of this
announcement.
SINGAPORE/HUIZHOU, 6 August 2013: GCPC (ISIN SG9999005052 / WKN A0MZS3 /
Ticker 49G)
The Board of Directors of Greater China Precision Components Limited (the
'Company' and together with its subsidiaries, the 'Group') is pleased to
announce the Company's intention to acquire an equity interest of at least
51% in the registered capital of Qinghai Province Xinghai District Yuanfa
Mining Co., Limited. (??????????????) ('Yuanfa Mining') (the 'Proposed
Acquisition').
The Group had on 29 July 2013 paid a refundable deposit of RMB45 million to
Yuanfa Mining, for and on behalf of the Company. A due diligence process
will be conducted on Yuanfa Mining.
The Company will convene an extraordinary general meeting (the 'EGM') to
seek shareholders' approval for the Proposed Acquisition. A shareholders'
circular in relation to the Proposed Acquisition, together with a notice of
the EGM will be published in due course.
On behalf of the Board
Wu Baoyu
Executive Director and Chief Executive Officer
6 August 2013
End of Corporate News
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07.08.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Greater China Precision Components Ltd.
80 Robinson Road, #02-00
068898 Singapur
Singapore
Phone: +65 62363427
Fax: +65 62364399
E-mail: investor(at)greater-cpc.com
Internet: www.greater-cpc.com
ISIN: SG9999005052
WKN: A0MZS3
Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart;
Frankfurt in Open Market (Entry Standard)
End of News DGAP News-Service
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224598 07.08.2013
Themen in dieser Pressemitteilung:
greater-china-precision-components-limited-gcpc-or-the-company-proposed-acquisition-of-shares-in-qinghai-province-xinghai-district-yuanfa-mining-co
limited
Unternehmensinformation / Kurzprofil:
Datum: 07.08.2013 - 10:30 Uhr
Sprache: Deutsch
News-ID 285347
Anzahl Zeichen: 3913
contact information:
Kategorie:
Business News
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