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JiaXing Gas Group Announces Supplemental Details on Proposed Acquisition
JIAXING GAS (09908.HK) plans to acquire 13.5% equity of Yancheng Xingzhou Jiayuan Real Estate for 89 million yuan.
On January 17, Gelonghui reported that JIAXING GAS (09908.HK) announced that on January 17, 2025, the buyer (a wholly-owned subsidiary of a company) signed an Equity Transfer Agreement with the seller, under which the buyer conditionally agreed to acquire 13.5% equity of the target company Yancheng Xingzhou Jiayuan Real Estate Development Co., Ltd. for a price of 89 million yuan. After the acquisitions in 2023 and 2024 are completed, as of the date of the Equity Transfer Agreement, the target company will be directly held by the group with a total of 26.5% equity. After completion, the target company will be held by the group with a total of 40% equity.
Express News | Jiaxing Gas Group Co Ltd - Proposed Acquisition of 13.5% of Equity Interest in Xingzhou Jiayuan for RMB89 Mln
JiaXing Gas Group Approves New Board Director
JiaXing Gas Group Updates Board and Committee Roles
jiaxing gas (09908) nominates Yu Jianming as a non-executive director candidate.
Jiaxing Gas (09908) announced that Xu Jiong has resigned from his non-executive position due to deciding to devote more time to personal work.
