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combination of Devi floor
Topic Started: Aug 4 2016, 01:11 PM (3 Views)
meishengchao

In order to avoid and reduce the related party transactions between the Company and related companies and better protect the interests of small investors,balloon frame idea the company intends to acquire Zhejiang Devi floor Flooring Related Assets Ltd. (hereinafter referred to as "Devi floor") (including the production floor equipment and inventory). The company was September 22, 2011 and Devi Zhejiang Flooring Co., Ltd.

signed the "Asset Purchase Agreement." wood plastic composite boards india Yin Dewei floor controlling shareholder of the Company Wah Group Holdings Co., Ltd. (referred to as "Wah Group") is a subsidiary of, and therefore,wood polymer composite floor manufacturers the transfer of assets constitutes a connected transaction. I.

Summary of related transaction 1. The Company intends to RMB wrong! Link is invalid. Dollar acquisition of assets and liabilities related to the combination of Devi floor, including current assets (including accounts receivable, prepayments and inventory), High Quality Teak Solid Wood Flooring For Interior Decoration non-current assets (lines equipment category of fixed assets) and current liabilities (including accounts payable, accounts receivable in advance and other payables).
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