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Cosmos Mech (00118.HK) plans to buy a property in Nanshan District, Shenzhen for 18.5166 million yuan.
On July 12th, Gelunhui announced that on May 3, 2024, the buyer, Huixin Financing Leasing (Shenzhen) Co., Ltd. (a wholly-owned subsidiary of the company), and the seller, Shenzhen Rongjide Investment Co., Ltd. entered into the contract. Accordingly, the buyer has agreed to purchase and the seller has agreed to sell the property for a price of RMB 18.5166 million. The property refers to Property I and Property II; Property I is located on the 40th floor of Jingji Dongbin Times Tower/Office Tower 4008 at 194 Dongbin Road, Nanshan District, Shenzhen City, Guangdong Province, China, with a construction area of approximately 228.93 square meters.
Express News | Cosmos Machinery Enterprises - Unit to Buy Properties at Kingkey Dongbin Times Building, Nanshan District
Express News | Cosmos Machinery Enterprises Ltd - Deal for RMB18.5 Mln
Express News | Cosmos Machinery Enterprises Ltd - Acquisition of Properties
Cosmos Machinery Enterprises' Subsidiary to Sell 5,200 Shares in Able Popular for HK$53 Million
Cosmos Mach (00118.HK) plans to sell its trading business in printed circuit boards.
On July 10th, Gelunhui reported that on July 10th, 2024, the seller, Tengyou Co., Ltd., and the buyer entered into a sales agreement. According to this, the seller conditionally agreed to sell the shares for sale to the buyer at a price, while the buyer Ye Jianqiang conditionally agreed to purchase 52% of the total issued shares of the target company Zhixing Co., Ltd. from the seller at a price. As of the date of this announcement, the target company is a subsidiary of the company, and the financial performance, assets, and liabilities of the target group have been comprehensively accounted for in the group's accounts. After completion, the Group will no longer (directly or indirectly) own any equity in the target group.
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