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Wuhan Holdings to Acquire Full Ownership of Wuhan Municipal Engineering Institute for RMB 1.6 Billion
1 week ago /
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Author：小编
Wuhan Holdings aims to acquire 100% equity of Wuhan Municipal Engineering Institute from Wuhan Urban Construction Investment Group through a combination of share issuance and a cash payment of RMB 1.6 billion. Additionally, the company intends to issue shares to no more than 35 designated investors to secure supplementary funds. Upon completion of this transaction, Wuhan Holdings will expand its portfolio to include survey and design services, with the objective of fostering new avenues for performance growth.
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