Singapore Technologies Kinetics to acquire additional minority stakes in Zhenjiang Huachen Huatong Road Machinery and Zhenjiang Huatong Aran Machinery - MarketLine Financial Deals

Singapore Technologies Kinetics to acquire additional minority stakes in Zhenjiang Huachen Huatong Road Machinery and Zhenjiang Huatong Aran Machinery

Singapore Technologies Kinetics to acquire additional minority stakes in Zhenjiang Huachen Huatong Road Machinery and Zhenjiang Huatong Aran Machinery - MarketLine Financial Deals
Singapore Technologies Kinetics to acquire additional minority stakes in Zhenjiang Huachen Huatong Road Machinery and Zhenjiang Huatong Aran Machinery
Published Mar 26, 2009
3 pages — Published Mar 26, 2009
Price US$ 20.00  |  Buy this Report Now

About This Report

  
Abstract:

Singapore Technologies Kinetics, Ltd. (ST Kinetics), a Singapore-based provider of automotive engineering repair services, is planning to acquire an additional 33.11% stake in Zhenjiang Huachen Huatong Road Machinery Co., Ltd. (HCHT), a manufacturer of road construction and maintenance equipments, and an additional 16.30% stake in Zhenjiang Huatong Aran Machinery Co., Ltd. (HTAR), a manufacturer and seller of asphalt related products, from Jiangsu Huatong Machinery Co, Ltd. (HT), a producer of road-construction machinery, generator-sets, and diesel engines and parts, for an aggregate consideration of SGD11.6 million ($7.7 million).

  
Source:
Document ID
MA02874_090402
Country
Country
Format:
PDF Adobe Acrobat
Buy Now

MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

About the Author


Cite this Report

  
MLA:
MarketLine Financial Deals. "Singapore Technologies Kinetics to acquire additional minority stakes in Zhenjiang Huachen Huatong Road Machinery and Zhenjiang Huatong Aran Machinery" Mar 26, 2009. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Singapore-Technologies-Kinetics-to-acquire-additional-minority-stakes-in-Zhenjiang-Huachen-Huatong-Road-Machinery-and-Zhenjiang-Huatong-Aran-Machinery-2052-2785>
  
APA:
MarketLine Financial Deals. (2009). Singapore Technologies Kinetics to acquire additional minority stakes in Zhenjiang Huachen Huatong Road Machinery and Zhenjiang Huatong Aran Machinery Mar 26, 2009. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Singapore-Technologies-Kinetics-to-acquire-additional-minority-stakes-in-Zhenjiang-Huachen-Huatong-Road-Machinery-and-Zhenjiang-Huatong-Aran-Machinery-2052-2785>
  
US$ 20.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our MarketLine Financial Deals from one place.