Shares Sale and Purchase AgreementShares Sale and Purchase Agreement • April 30th, 2012 • WSP Holdings LTD • Oil & gas field machinery & equipment
WHEREAS Party A, as one of the shareholders of Chaoyang Seamless Oil Steel Casting Pipes Co., Ltd. (herein after referred to as "Chaoyang Company"), has made capital contribution to Chaoyang Company in an aggregate amount of RMB51 million which accounts for 51% stake of the total capital investment of Chaoyang Company. After joint consultation with respect to the sale of the entire capital contribution to Chaoyang Company by Party A to Party B, the parties hereby agree as follows:
