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| Home : Jinhua Capital Corporation Announces Signing Share Purchase Agreement |
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Mar 02
2011 |
Jinhua Capital Corporation Announces Signing Share Purchase Agreement |
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CALGARY, ALBERTA--(Marketwire - March 1, 2011) - Jinhua Capital Corporation (the "Corporation") - (TSX VENTURE:JHC) announces, further to its press release of August 26, 2010 announcing its proposed Qualifying Transaction (the "Proposed Qualifying Transaction"), that it has entered into a share purchase agreement (the "Share Purchase Agreement") dated February 28, 2011 with Hugo International Creation Limited ("HKCo"), Zhejiang Wenlan Trading Co., Ltd. ("WFOE"), Hoking Steel Structure Co., Ltd. ("Hoking"), and the shareholders of HKCo (the "HKCo Shareholders"). Pursuant to the Share Purchase Agreement, the Corporation will, by acquiring all of the issued and outstanding shares of HKCo, indirectly acquire through a series of transactions control of the business of Hoking (the "Acquisition"). |
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| Source:http://www.marketwire.com/mw/release.do?id=1404037&sourceType=3 |
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