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Guo 9.09% blocked in transition coal mine business

Source: Internet
Author: User
Keywords Hong Kong dollar sellers
Tags blocked business expressed negotiating set set to
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The 00370-hk of Guohua fell 9.09% to HK $0.05, with a rare transaction of HK $134,600, which would be hampered by the transformation of its coal business. Guohua originally set to 720 million Hong Kong dollars, the acquisition of the Inner Mongolia chessboard well mine coal mine 60% interest in the Chonghou of the 60% equity.　　However, the deadline for the acquisition of Chong Hou expired on June 30 and the due diligence has not been completed, and the seller has expressed disappointment. Guohua is a recent transformation of the concept of resources, one of the thin price, once the transaction fell through, will lose the hype theme. However, the buyers and sellers are negotiating, may postpone or change the structure of the transaction to protect the acquisition matters.

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