Sports Shoes Baosheng International Intends To Collect Dalian East Hero
Baosheng International (Holdings) Limited (3813.HK: market) announced that it intends to acquire its operation in China. Sports goods The remaining 70% stake in Dalian's "Dong Jie Jie sports industry development" is about 793 million Hong Kong dollars, which will be paid in cash plus new shares. At the same time, Baosheng also plans to move to the parent company. Gym shoes Manufacturer Yuyuan Industrial (Group) (0551.HK: market) issued new shares worth HK $390 million.
寶勝的聲明稱,計(jì)劃以現(xiàn)金5,495萬(wàn)美元(約4.286億港元)及按每股發(fā)行價(jià)0.925港元發(fā)行約3.936億股新股,以向持有東之杰70%股權(quán)的賣方收購(gòu)股份.倘交易完成,寶勝將全資擁有東之杰.此外,裕元亦將以同等作價(jià),認(rèn)購(gòu)寶勝合共4.216億股新股,涉總金額3.9億港元.
Yu Yuan is a major shareholder holding Baosheng 55.7% stake. After Baosheng completed the acquisition of Dong Zhi Jie and issued new shares to Yuyuan, Yu Yuan's stake in Baosheng remained about 55%.
Baosheng's IPO price has a premium of 10.1% at the closing price of HK $0.84, compared with the final trading day of Baosheng's stock before January 12th. That is, Baosheng's shares were suspended on Wednesday (14) and 0.8 HK dollars before the suspension, and will resume trading on Thursday.
Dong Zhi Jie now operates 464 stores directly in six provinces in China. Baosheng said that the acquisition would enable Baosheng to expand its profitability and benefit from the economic scale through the potential combination of purchasing power and purchasing and supply chain management functions.
Editor: vivi
- Related reading
- market research | Study: Who Is Still Reading These Words On Fashion Week? Critical Reviews Rush Out Of Circles.
- Today's quotation | Xinjiang Cottonseed Prices Fell Sharply 0.15-0.2 Yuan / Kg
- Today's quotation | Zheng Cotton Prices Tend To Increase, Hedging Space Opens
- Market trend | PTA Fundamentals Will Continue To Weaken In The Late Stage To Seize The Opportunity To Meet Each Other.
- Industry dialysis | Self Reliance: Why Does Zheng Cotton Futures Rebound?
- Instant news | Slim Negotiations: A New Round Of Sino US Economic And Trade Consultations Opens In Washington
- Expo News | 2019 China Textile Clothing (Philippines) Brand Exhibition Attracts Philippine Businessmen
- Industry dialysis | How Can Cotton Textile Enterprises Find New Labels In Adversity? 2019 China Cotton Textile Conference Explores Innovation, Change And Development
- Industry perspective | To Clarify The Path And Set Up A Model: The 2019 China Textile Industry Intelligent Manufacturing Conference Delivered Real Material.
- quotations analysis | The September Overall Prosperity Index: Output Growth, Circulation And Contraction, And The Prosperity Index Is Smaller Than The Index.
- Customs Overtime Helps A Shoe Company Recover 2 Million 500 Thousand Losses
- Wuhou District, Chengdu, The Capital Business Street
- Women'S Shoes Make Chengdu Shoes Monopoly Street.
- Customs Issued Policies To Help Shoe Makers "Spend Winter"
- Brazil'S Anti Dumping Duties On China'S Footwear Industry Involve Many Enterprises In The South China Sea
- Carrefour Adjusts The Purchase Of Asian Garments At 60%
- US Department Of Agriculture Downgraded U.S. Cotton Output And Export Scale In January
- Putian'S Footwear Exports Are Worth $1 Billion 400 Million.
- Japan Helps Ethiopia Build Textile And Leather Industry
- Pakistan'S Textile Industry Will Face An Energy Crisis