Ad-hoc-News
Public disclosure of inside information pursuant to Article 17 MAR
ZhongDe sells all shares in Chung Hua Environment Protection (Holding) Group Ltd.
Frankfurt, 14 October 2016
ZhongDe Waste Technology AG (the “Company”) and CAPITAL YIELD GROUP LIMITED have today entered into an agreement on the sale of all shares in its wholly owned subsidiary Chung Hua Environment Protection (Holding) Group Ltd., Hong Kong (“Chung Hua”) with CAPITAL YIELD GROUP LIMITED. Chung Hua carries out the BOT (Build, Operate and Transfer) projects regarding waste-to-energy projects in China.
The purchase price amounts RMB 900,000,000 which equals approx. EUR 121,000,000.
The supervisory board of the Company has agreed to the sale of the shares in Chung Hua to CAPITAL YIELD GROUP LIMITED.
Additional Information
ISIN: DE000ZDWT018
WKN: ZDWTT01
Listing: Regulated Market (Prime Standard) at Frankfurt Stock Exchange
Contact
ZhongDe Waste Technology AG
David Chen
Chief Representative
Messeturm 25th floor
Friedrich-Ebert-Anlage 49
60308 Frankfurt
Tel.: +49 (0) 69 50956 5655
Fax: +49 (0) 69 50956 5520
E-Mail: david@zhongdetech.com
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