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SHE:002980

2 stories mentioning SHE:002980Updated 2h ago

Every FINWIRES story that references SHE:002980, newest first.

Asia

Everbest Machinery's Controlling Shareholder Completes Stake Transfer

Shenzhen Everbest Machinery Industry's (SHE:002980) controlling shareholder, Yuan Jianmin, completed the transfer of 5% of the company's shares, according to a Friday disclosure on the Shenzhen bourse.The stake, which represented 9,470,058 shares, was transferred to Yu Xinwen, Shenzhen Galante Technology's founding shareholder, for 460 million yuan in February.The Chinese thermometer manufacturer's shares dropped 5% at the close.

SHE:002980
Asia

Everbest Machinery's Founding Shareholder Agrees to Pay Part of Galant's Acquisition; Shares Down 5%

Shenzhen Everbest Machinery Industry's (SHE:002980) founding shareholder agreed to take part in the acquisition of Shenzhen Galant Technology, according to a Shenzhen bourse filing on Saturday.The Chinese thermometer manufacturer's shares slumped 5% during Monday's afternoon trade.The company plans to acquire Galant in full for 460 million yuan.The founding shareholder, Yu Xinwen, agreed to pay the first installment of his share of the consideration, which is worth 165 million yuan, to the company before Monday.The remaining consideration of 59.5 million yuan will be paid within 30 days.

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