Hunan Grain Group Co., Ltd. cancelled the acquisition of 51% stake in Hunan Silver Light Grains & Oils Co., Ltd. from Hunan Jinjian Cereals Industry Co., Ltd..
January 22, 2016
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Hunan Grain Group Co., Ltd. agreed to acquire 51% stake in Hunan Silver Light Grains & Oils Co., Ltd. from Hunan Jinjian Cereals Industry Co., Ltd. (SHSE:600127) on January 23, 2015. The transaction has been approved by Board of Directors of Jinjian Cereals Industry Co., Ltd.
Hunan Grain Group Co., Ltd. cancelled the acquisition of 51% stake in Hunan Silver Light Grains & Oils Co., Ltd. from Hunan Jinjian Cereals Industry Co., Ltd. (SHSE:600127) on January 23, 2016.
JINJIAN CEREALS INDUSTRY CO., LTD. is a China-based company principally engaged in the processing and sales of grain, oil, food and other products. The Company is also engaged in the pharmaceuticals, agricultural products trading, as well as the import and export business. The Company's main products include rice, flour, noodles, vegetable oils, milk, medicines, candy, jellies and others. The Company mainly conducts its business in domestic market.
Hunan Grain Group Co., Ltd. cancelled the acquisition of 51% stake in Hunan Silver Light Grains & Oils Co., Ltd. from Hunan Jinjian Cereals Industry Co., Ltd..
JINJIAN CEREALS INDUSTRY CO.,LTD. 
