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Qingdao hldgs (00499): Huaiying Investment Management in Bengbu City plans to acquire 95% of the shares of Huaiyi Construction for 43.6546 million yuan from Nuclear Engineering Qingdao Control.
Qingdao Hldgs (00499) announced that on November 21, 2024, the company received a notification.
Express News | Qingdao Holdings International Sees Unaudited Gain of Approximately RMB4.1 Mln on Dispoal
Express News | Qingdao Holdings International - Bengbu City Huaiying Investment & Management Won Bid to Acquire 95% Stake of Huaiyi Construction for RMB43.7 Mln
Qingdao Eyes Sale of Construction Wing
qingdao hldgs (00499.HK) intends to publicly list for sale 95% equity of Huaiyi Construction, its subsidiary.
On October 23, GeLongHui announced that qingdao hldgs (00499.HK) plans to sell its 95% equity interest in Huaibei Huiyi Construction Development Co., Ltd. (Huaibei Construction), held through its subsidiary Zhongjian Qingkong Development and Construction Co., Ltd., which holds 51% equity interest. The sale will be conducted through public listing. After the potential sale is completed, the company will no longer hold any equity interest in Huaibei Construction, and Huaibei Construction will no longer be a subsidiary of the company. Huaibei Construction is mainly engaged in architecture engineering, real estate development, residential interior design and decoration, architectural labor subcontracting, and property management.
Express News | Qingdao Holdings International Ltd - Potential Disposal Through Public Tender
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