Greater China Precision Components Ltd.
Greater China Precision Components Limited (‘GCPC’ or ‘the Company’): Proposed Acquisition of Shares in Qinghai Province Xinghai District Yuanfa Mining Co., Limited
Greater China Precision Components Ltd. / Key word(s): Letter of Intent Greater China Precision Components Limited (‘GCPC’ or ‘the Company’): Proposed Acquisition of Shares in Qinghai Province Xinghai District Yuanfa Mining Co., Limited Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. SINGAPORE/HUIZHOU, 6 August 2013: GCPC (ISIN SG9999005052 / WKN A0MZS3 / Ticker 49G) The Board of Directors of Greater China Precision Components Limited (the ‘Company’ and together with its subsidiaries, the ‘Group’) is pleased to announce the Company’s intention to acquire an equity interest of at least 51% in the registered capital of Qinghai Province Xinghai District Yuanfa Mining Co., Limited. (青海省兴海县源发矿业有限公司) (‘Yuanfa Mining’) (the ‘Proposed Acquisition’). The Group had on 29 July 2013 paid a refundable deposit of RMB45 million to Yuanfa Mining, for and on behalf of the Company. A due diligence process will be conducted on Yuanfa Mining. The Company will convene an extraordinary general meeting (the ‘EGM’) to seek shareholders’ approval for the Proposed Acquisition. A shareholders’ circular in relation to the Proposed Acquisition, together with a notice of the EGM will be published in due course. On behalf of the Board End of Corporate News 07.08.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group 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: | Greater China Precision Components Ltd. | |
80 Robinson Road, #02-00 | ||
068898 Singapur | ||
Singapore | ||
Phone: | +65 62363427 | |
Fax: | +65 62364399 | |
E-mail: | investor@greater-cpc.com | |
Internet: | www.greater-cpc.com | |
ISIN: | SG9999005052 | |
WKN: | A0MZS3 | |
Listed: | Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart; Frankfurt in Open Market (Entry Standard) | |
End of News | DGAP News-Service |
224598 07.08.2013 |