Million industry enterprises 590 million to buy large shareholder iron ore shares plunged 5.6%

Source: Internet
Author: User
Keywords Equity
NetEase Finance August 20 News million industry Enterprises (600641) bulletin, the company August 18 and the controlling shareholder three Lin million industry (Shanghai) Enterprise Group Co., Ltd. signed the "Equity transfer agreement" to 593 million yuan to buy three Lin million industry 100%  Wholly-owned Singapore Silver Lee Co., Ltd. and Singapore Spring Stone Co., Ltd. each 60% equity. News of the public, today million business enterprise volume plunged, morning newspaper opened 9.3 Yuan, after the huge impact of the opening, the stock price fell all the way, the decline was nearly 7%.  Closing, reported 8.89 Yuan, a decrease of 5.62%, a deal of 273 million yuan.  It is reported that the company holds Indonesia India and China Mining Services Co., Ltd. 90% Equity, Spring Stone Company holding Indonesia India and China Mining Services Co., Ltd., 10% of the successful acquisition, the company will indirectly total holding the 60% stake in India and China mining. The announcement indicated that the project is located in the Indonesian north of the province of Sioux County, in the town of Abu Ghneim, as at December 31, 2009, the mine production and operation license approved the scope of the amount of iron ore resources of 35.0432 million tons.  Another forecast of 8.0216 million tons of resources, the project is expected to start construction in 2010, the production will take 3 years. Arrogant shareholders into the listed companies, the company's strategy gradually from the original single real estate into a "real estate + energy" limited diversification model, the company is increasing the investment in the ability to mine business.  In the second half of 2008, the company invested in Inner Mongolia Hao Source Coking Co., Ltd., successfully took the first step into the field of energy and minerals. Market personage analysis, iron ore business earnings prospects are good, according to sales revenue forecast, the annual delivery will be brought to the company's operating income of about 850 million yuan.
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