Kunming Industry Development Equity Investment Fund Partnership Enterprise (Limited Partnership), fund managed by Yunnan Jinyuan Equity Investment Fund Management Co., Ltd. signed the share transfer agreement to acquire 7.77% stake in Pengdu Agriculture & Animal Husbandry Co.,Ltd. from Shanghai Pengxin Agricultural Investment Co., Ltd. for CNY 1.35 billion.
June 08, 2022
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Kunming Industry Development Equity Investment Fund Partnership Enterprise (Limited Partnership), fund managed by Yunnan Jinyuan Equity Investment Fund Management Co., Ltd. signed the share transfer agreement to acquire 7.77% stake in Pengdu Agriculture & Animal Husbandry Co.,Ltd. (SZSE:002505) from Shanghai Pengxin Agricultural Investment (Group) Co., Ltd. for CNY 1.35 billion on June 8, 2022. As per the transaction, Kunming Industry Development Equity Investment Fund Partnership Enterprise (Limited Partnership) will acquire 495.12 million shares, representing approximately 7.77% stake at CNY 2.736 per share.
Pengdu Agriculture & Animal Husbandry Co Ltd, formerly HUNAN DAKANG INTERNATIONAL FOOD & AGRICULTURE CO LTD, is a China-based company, principally engaged in the trading of proteins. The Company is also engaged in livestock breeding and non-staple food processing. The Company's products include feeds, live pigs, sheep, slaughtered meat products, milk and commodities. The Company distributes its products within domestic market and to overseas markets.
Kunming Industry Development Equity Investment Fund Partnership Enterprise (Limited Partnership), fund managed by Yunnan Jinyuan Equity Investment Fund Management Co., Ltd. signed the share transfer agreement to acquire 7.77% stake in Pengdu Agriculture & Animal Husbandry Co.,Ltd. from Shanghai Pengxin Agricultural Investment Co., Ltd. for CNY 1.35 billion.