News Column

Chengdu Tianxing to Acquire Screen-Star Printing Machinery

January 22, 2014

SHANGHAI , January 22 , SinoCast -- Chengdu Tianxing Instrument And Meter discloses that it plans to take over 100% of Shenzhen Screen-Star Printing Machinery Co., Ltd with CNY 400 million and issue shares to Tianxing Group , controlling shareholder. The 100% equities in Shenzhen Screen-Star Printing Machinery were assessed at CNY 400.64 million by September 30, 2013 , appreciating CNY 361.42 million or 921.51%.

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Source: Sinocast Machinery & Industrial Goods Beat (China)

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