 Home > Chemicals Industry > China Chemical > Luxi Chemical plans to absorb and merge Luxi Group

Luxi Chemical plans to absorb and merge Luxi Group

 Last Update: 2023-02-03
 Source: Internet
 Author: User

Tags

12 14 simplified

chemical engineering major

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On December 26, Luxi Chemical issued an announcement that it intends to issue shares to absorb and merge Luxi Group Co.
, Ltd.
(hereinafter referred to as Luxi Group), and this transaction constitutes a related party transaction, but does not constitute a major asset restructuring and restructuring listing
.

Luxi Chemical said that China Sinochem Holdings Co.
, Ltd.
agreed to absorb and merge Luxi Group by issuing shares to all shareholders of Luxi Group, the largest shareholder, and Luxi Group is the absorbed and merged party, and all its assets, liabilities, personnel and all other rights and obligations will be inherited and undertaken by Luxi Chemical
.

It is reported that Luxi Chemical issued shares according to 14.
76 yuan / share, and after Luxi Chemical completed the profit distribution in 2021, the issue price was adjusted to 12.
76 yuan / share
.

In addition, the transaction price of 100% equity of Luxi Group is determined on the basis of the net asset appraisal value recorded by Sinochem Group, and the transaction price is adjusted
accordingly after the dividend of Luxi Group.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

ethylene glycol Liquid

CAS No.: 107-21-1

$0.9-1/KG FOB

Triethanolamine TEA 99% LIQUID SAA985654 SAA

CAS No.: 102-71-6

Pharmacy Grade

$3000-3500/MT FOB

N,N-Dipropyltryptamine monohydrochloride;3-(2-Dipropylaminoethyl) indole hydrochloride DPT HCl

CAS No.: 16382-06-2

Chemical Grade

$66-77/KG FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.