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BBMG Corporation's subsidiary intends to acquire 100% equity of Shuangyashan New Era Cement for 0.635 billion yuan.
BBMG Corporation (02009) announced that on December 13, 2024, the buyer Tangshan Jidong Cement (the company's non-wholly owned subsidiary), the seller, and the symbol company Shuangyashan New Era Cement signed an Equity Transfer agreement. The buyer conditionally agrees to acquire, and the seller conditionally agrees to sell, 100% equity of the symbol company for a total price of 0.635 billion yuan. After the acquisition is completed, the symbol company will become the company's indirectly non-wholly owned subsidiary.
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.
Is BBMG (HKG:2009) Using Debt In A Risky Way?
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