Jinduicheng Molybdenum Co., Ltd. said that its board of directors has approved the proposal to bid for 49% stake in Jinsha Molybdenum Co., Ltd. being put up for sale by Anhui Geological Investment Group (AGIG) at the Anhui Assets and Equity Exchange (AAEE) at a price of CNY 4 billion. AGIG is planning to introduce up to four potential investors and each has an option to acquire 10% - 16.5% stake. On April 3, 2012, the total assets of Jinsha Molybdenum were CNY 7.825 billion and the debt was zero, according to an appraisal report offered by a third company.
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12/07 | Jinduicheng Molybdenum Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2024 | CI |
25/06 | Citic Securities Starts Jinduicheng Molybdenum at Buy With 14 Yuan Price Target | MT |
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1st Jan change | Capi. | |
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+17.46% | 503.28Cr | |
+29.00% | 8.73TCr | |
-.--% | 2.89TCr | |
+34.78% | 964.72Cr | |
+14.47% | 888.96Cr | |
+20.58% | 885Cr | |
+7.83% | 796.63Cr | |
+25.93% | 618.07Cr | |
-37.24% | 597.71Cr | |
+22.08% | 475.39Cr |
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