Gongyi Yuansheng Water Co., Ltd. agreed to acquire 90% stake in Gongyi Water Resources Co., Ltd. from Yunnan Water Investment Co., Limited (SEHK:6839) for CNY 67.4 million on July 12, 2024. A cash consideration of CNY 67.37 million will be paid by Gongyi Yuansheng Water Co., Ltd. As part of consideration, CNY 67.37 million is paid towards common equity of Gongyi Water Resources Co., Ltd. The transaction is subject to approval of offer by target shareholders.
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- Gongyi Yuansheng Water Co., Ltd. agreed to acquire 90% stake in Gongyi Water Resources Co., Ltd. from Yunnan Water Investment Co., Limited for CNY 67.4 million.