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BBMG Announces Strategic Equity Acquisition
BBMG Corporation (02009.HK) plans to acquire 100% of the shares of Shuangyashan New Era Cement for 0.635 billion yuan.
Gelonghui reported on December 13 that BBMG Corporation (02009.HK) announced that on December 13, 2024, the buyer Tangshan Jidong Cement Co., Ltd. and the seller (48 natural persons and Chinese residents, including Tong Zhaoqi, Zhang Yongli, Wang Chunliang, Liu Chengjie, Wang Hongyan, Na Zhenkuan, Niu Beisheng, Liu Qingchang, Pei Shengyun, Wang Hongli, Liu Chuanqing, Liu Wanyou, Gao Jing, Mo Zhongliang, Wang Mingwei, Jiang Qinliang, Guan Yunmiao, Yuan Xiaofang, Wen Haimei, Wang Jing, He Xinlong, Li Xiaodong, Zhou Yuwei, Li Jiahe, Zhang Dechang, Wang Changfei, Chen Hongku, Qu Jingsheng, Han Dan, Gao Shan, Tan Chengjian, Li Junyu, Wu Yunjian.
BBMG Subsidiary's Board Approves 71-Million-Yuan Commercial Concrete Deal
BBMG Board Approves Shuangyashan New Era Cement Acquisition
bbmg corporation (601992.SH): Wenxi Company plans to acquire 100% equity of Wenxi Commercial Concrete for 71.1335 million yuan and 100% equity of Yuncheng Commercial Concrete.
On December 6, Gelonghui reported that BBMG Corporation (601992.SH) announced that Wenxi Company plans to acquire 100% equity of Wenxi Commercial Concrete and 100% equity of Yuncheng Commercial Concrete held by Shanxi Xinhaitian Industrial Co., Ltd. (hereinafter referred to as "Xinhaitian Industrial") in cash, and will sign the "Equity Transfer Agreement" respectively, with a total transaction value proposed to be 71.1335 million yuan. After the completion of this transaction, Wenxi Company will acquire 100% equity of Wenxi Commercial Concrete and Yuncheng Commercial Concrete. Wenxi Commercial Concrete and Yuncheng Commercial Concrete will become subsidiaries within the company's consolidated financial statements.
bbmg corporation (601992.SH): tangshan jidong cement plans to purchase 100% equity of shuangyashan cement for 0.635 billion yuan
On December 6, GeLongHui reported that BBMG Corporation (601992.SH) announced that Tangshan Jidong Cement intends to use its own and self-raised funds to purchase 100% equity of Shuangyashan Cement held by 48 individual shareholders including Tong Zhaoqi, Zhang Yongli, and Wang Chunli, and sign an Equity Transfer Agreement. The transaction price is expected to be 635.0286 million yuan. After this transaction is completed, Tangshan Jidong Cement will obtain 100% equity of Shuangyashan Cement, making Shuangyashan Cement a subsidiary within the company's consolidated financial statements.
Is BBMG (HKG:2009) Using Debt In A Risky Way?
