Green Earth today to hold Ningbo Garden design Company

Source: Internet
Author: User
Keywords Re-licensing garden design
December 29, 2010, the Green Ground (002200) was today. Green Earth announced at the same time, will be about 10 million yuan price, the acquisition of Ningbo Landscape Design Research Institute Limited 51% of the equity.  Before the suspension last month, the company's share price has plunged for 4 consecutive trading days, of which 2nd the dimensionless fall. Green Earth today released an asset acquisition announcement, December 31, 2010, the company's general manager of the Office will discuss, agreed to acquire Ningbo Landscape Design Research Institute Limited 51% of the equity, the transfer price initially estimated at 10 million yuan, Ningbo Garden Company as at October 31, 2010 total assets of 33.7495 million yuan, net assets of 17.3553 million yuan, January 2010 ~ October Net profit of 6.7339 million yuan.  Green Earth said that the Ningbo Garden Company has design grade A qualification, if the acquisition of success, can improve the company's design capabilities, to take the company to undertake green engineering business.  The green land has announced that it will be a duplicate of the licence on December 31, 2010, but it has suspended its business since the opening of the opening of a major disclosure issue.  The suspension before the opening of the Green ground is a notice of December 23, announced that the holding shareholder He Xuequ held the green ground 43.258 million shares of restricted circulation shares, accounting for 28.63% of the company's total equity, on December 20, 2010 by the Public security organs of the legal freeze, of which 23 million shares have pledged before. On December 29, after the suspension of the green Earth disclosed a message is to arouse investors concern, said the company has received notification of public security organs, the company for alleged violations of disclosure, not disclose important information to be investigated. In this case, investors believe that the green Earth letter in the violation of the situation may be more serious, so the public security organs involved, because the general letter to the violation of the investigation is the securities regulatory departments. However, the green ground today is not a description of what information is suspected of violating disclosure.
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