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Your position: Home >> News >> China Stationery acquisition of Thai Village Holdings plan was canceled
China Stationery acquisition of Thai Village Holdings plan was canceled
China Stationery Co., Ltd. (China Stationery) acquisition of Thai Village Holdings (Thai Village Holdings) program has been canceled.

      Thai Village Holdings in July last year, announced the sale and purchase agreement signed with the Chinese stationery, to 0.20 yuan per share price of 8178 to issue 1.4 billion shares of Thai Village shares, worth 200 million equivalent to 96.36 million yuan, to the latter bought Sunwealth Group and the Campus Developments of all shares. After the completion of the transaction, China stationery will hold 87.7% stake in Thai Village.

According to a statement issued by Thai village, said some of the terms of sale and purchase agreement due to end of last month can not be reached, the parties agreed to terminate the transaction, but the company said it will continue to seek other investment opportunities.

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