China Solar Energy Holdings acquires Stream Fund High-Tech Group - MarketLine Financial Deals

China Solar Energy Holdings acquires Stream Fund High-Tech Group

China Solar Energy Holdings acquires Stream Fund High-Tech Group - MarketLine Financial Deals
China Solar Energy Holdings acquires Stream Fund High-Tech Group
Published Apr 15, 2011
3 pages — Published Apr 15, 2011
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Brief Excerpt:

...China Solar Energy Holdings Limited (CSEH) has acquired entire issued share capital of Stream Fund High-Tech Group Corporation Limited from Profit High Group Limited, Time Across Limited and individual investor Yeung. Both Profit High Group and Time Across are British Virgin Islands-based investment holding companies. CSEH is a developer and manufacturer of modules and panels for generating solar electric power, while Stream Fund is a Samoa-based manufacturer of solar cells. Announcement (February 7, 2011): CSEH has agreed to acquire entire issued share capital of Stream Fund High-Tech Group from Profit High Group Limited, Time Across Limited and individual investor Yeung, for HKD350 million ($44.96 million). Under the terms of the agreement, CSEH will satisfy the consideration through issuing HKD309.26 million ($39.72 million) of shares at a price of HKD0.12 ($0.02) per share and HKD40.74 million ($5.23 million) of convertible notes that will mature after five years from the date of issue...

  
Source:
Document ID
MA50157_110210
Country
Country
Country
Ticker
0155=HK
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MLA:
MarketLine Financial Deals. "China Solar Energy Holdings acquires Stream Fund High-Tech Group" Apr 15, 2011. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/China-Solar-Energy-Holdings-acquires-Stream-Fund-High-Tech-Group-2052-61324>
  
APA:
MarketLine Financial Deals. (2011). China Solar Energy Holdings acquires Stream Fund High-Tech Group Apr 15, 2011. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/China-Solar-Energy-Holdings-acquires-Stream-Fund-High-Tech-Group-2052-61324>
  
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