CBF China Bio-Fertilizer AG
CBF China Bio-Fertilizer AG : Extraordinary General Meeting approves Sale of Shandong Chengwu Science & Technology Development Co. Ltd.
CBF China Bio-Fertilizer AG / Key word(s): AGM/EGM
Hamburg, Germany, June 5, 2013 – The extraordinary general meeting of CBF China Bio-Fertilizer AG approved the contemplated sale of the Company’s Chinese subsidiary Shandong Chengwu Science & Technology Development Co. Ltd. with a majority of approximately 89% of the votes cast. The attendance rate at the meeting was approximately 88% of the stated share capital.
In light of the ongoing difficult market environment for the Company, the management board considers the possibility of the sale and transfer as an important step for a consolidation and new strategic orientation for the Company. Financial calendar 2013: For more information, please contact: End of Corporate News 05.06.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | CBF China Bio-Fertilizer AG | |
Schopenstehl 22 | ||
20095 Hamburg | ||
Germany | ||
E-mail: | hwong@chinabiofertilizer.com | |
Internet: | www.chinabiofertilizer.com | |
ISIN: | DE000A0AFEV5 | |
WKN: | A0AFEV | |
Listed: | Frankfurt in Open Market (Entry Standard) | |
End of News | DGAP News-Service |
214931 05.06.2013 |
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