Haikou Agriculture invests in Haikou Cooperative with RMB51.55m

Haikou Agriculture and Industry and Trade Louniushan (000735) announced in a company filing that it will subscribe another 51.55 million shares of Haikou Cooperative Association at 1.6 yuan per share for 82.48 million yuan, reports stcn.com.
Following the transaction, the listed company will have a total of 101.55 million shares of the Cooperative Association, accounting for 10 percent of post-capital injection total equity.
It also plans to invest a maximum of 80 million yuan into 14 other cooperative associations.
SOURCE: capitalvue.com
Editorial Message
This site contains materials from other clearly stated media sources for the purpose of discussion stimulation and content enrichment among our members only.
whatsonsanya.com does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contact editor@whatsonsanya.com
whatsonsanya.com does not necessarily endorse their views or the accuracy of their content. For copyright infringement issues please contact editor@whatsonsanya.com