Yulong shares: the subsidiary intends to acquire 100% equity of nqm gold
Financial Associated Press, Dec. 29 - Yulong announced that Yurun gold, a wholly-owned subsidiary, plans to acquire 100% equity of nqm gold 2 Pty Ltd held by CQT, a wholly-owned subsidiary of Tianye gold, in order to obtain the control of pajinge gold mine held by the target company. The estimated transaction price is 913 million yuan.
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