EFORT: Shanghai Stock Exchange Accepts Application for Full Acquisition of Shengpu Shares
1 week ago / Read about 0 minute
Author:小编   

EFORT has made public its intention to fully acquire Shanghai Shengpu Fluid Equipment Co., Ltd. This will be achieved through a combination of share issuance and cash payment, with the total transaction amounting to around RMB 1.074 billion. On June 17, EFORT was notified by the Shanghai Stock Exchange that its application documents for this acquisition had been officially accepted and would undergo a legal review process. It's important to note that the transaction's finalization is contingent upon obtaining approval from the Shanghai Stock Exchange and securing registration consent from the China Securities Regulatory Commission.