Shanxi Coking Coal: it is proposed to purchase 51% equity of Huajin coking coal and 49% equity of Mingzhu coal with a total of 7.042 billion yuan
Financial Associated Press, January 16 (Xinhua) Shanxi Coking Coal announced that the company plans to purchase 51% equity of Huajin coking coal held by coking coal group after separation and 49% equity of Mingzhu coal held by Li Jinyu and Gao Jianping by issuing shares and paying cash. The transaction price of 51% equity of Huajin coking coal is 6.599 billion yuan, and the transaction price of 49% equity of Mingzhu coal is 443 million yuan. The proportion of cash payment is 15% of the transaction price, and the proportion of share payment is 85% of the transaction price. The total transaction price is 7.042 billion yuan, and the total amount of supporting funds to be raised is no more than 4.4 billion yuan.
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