Common Contracts
1 similar null contracts
CHINA SANJIANG FINE CHEMICALS COMPANY LIMITEDJanuary 15th, 2019
The Board is pleased to announce that on 3 November 2023, Capitol International Limited (‘‘Capitol’’), a direct wholly owned subsidiary of the Group, and Sanjiang Chemical Co., Ltd (‘‘Sanjiang Chemical’’), an indirect wholly owned subsidiary of the Group (together with Capitol, collectively referred as the ‘‘Vendors’’), and Zhoushan Hongsheng Petrochemical Co., Ltd.* (舟山鴻升石化有限公司) (‘‘Zhoushan Hongsheng’’ or the ‘‘Purchaser’’), an Independent Third Party, entered into Share Transfer Agreement I and Share Transfer Agreement II respectively, pursuant to which the Purchaser agreed to acquire, and the Vendors agreed to sell 56.38% and 43.62% of the issued shares of Zhejiang Zhebei Petrochemical Co., Ltd (‘‘Zhebei’’ or the ‘‘Target Company’’) with considerations of approximately RMB104 million and RMB80 million respectively.
