beijing enterprises water gr
(BJWTF:OTC US)
As of 8:10 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).
Beijing%20Enterprises%20Water%20Group%20Limited%20%28SEHK%3A371%29%20signed%20a%20sale%20and%20purchase%20agreement%20to%20acquire%20Compagnie%20G%E9n%E9rale%20des%20Eaux%28Portugal%29-Consultadoria%20e%20Engenharia%2C%20S.A%20%28CGEP%20Group%29%20from%20Veolia%20Eau-Compagnie%20G%E9n%E9rale%20des%20Eaux%20for%20%u20AC95.1%20million%20in%20cash%20on%20March%2021%2C%202013.%20The%20consideration%20is%20subject%20to%20an%20adjustment%20of%20up%20to%20%u20AC5%20million%2C%20giving%20a%20maximum%20aggregate%20consideration%20of%20approximately%20%u20AC100.1%20million.%20Also%2C%20Beijing%20Enterprises%20is%20acquiring%20the%20shareholder%20loans%20of%20CGEP.%0D%0A%0D%0AThe%20CGEP%20Group%20reported%20revenues%20of%20%u20AC42.1%20million%2C%20EBITDA%20of%20%u20AC8.2%20million%2C%20net%20profit%20before%20taxation%20of%20%u20AC1.4%20million%20and%20net%20profit%20after%20taxation%20of%20%u20AC1%20million%2C%20total%20assets%20of%20%u20AC97.9%20million%2C%20total%20common%20equity%20of%20%u20AC17.5%20million%20for%20the%20year%20ended%20December%2031%2C%202012.%20The%20transaction%20is%20expected%20to%20close%20on%20or%20before%20June%2030%2C%202013.%20Banco%20Santander%20Totta%20SA%20acted%20as%20financial%20advisor%20to%20Beijing%20Enterprises%20and%20Banco%20Bilbao%20Vizcaya%20Argentaria%2C%20S.A.%20%28CATS%3ABBVA%29%20acted%20as%20financial%20advisor%20to%20Veolia%20Eau-Compagnie%20G%E9n%E9rale%20des%20Eaux.%20Francisco%20Brito%20e%20Abreu%2C%20Ana%20Sa%20Couto%2C%20T%E2nia%20Lu%EDsa%20Faria%2C%20Jo%E3o%20Louro%20e%20Costa%2C%20Marta%20Presas%2C%20Manuel%20Cordeiro%20Ferreira%2C%20Martin%20Perrotto%2C%20Jay%20Ze%2C%20Juan%20Mart%EDn%20Perrotto%20and%20Rodrigo%20Peruyero%20of%20Ur%EDa%20Men%E9ndez%20and%20Slaughter%20and%20May%20acted%20as%20legal%20advisors%20to%20Beijing%20Enterprises%20Water%20Group%20Limited.%20Duarte%20Abecassis%20and%20Marta%20Pereira%20da%20Silva%20of%20Cuatrecasas%2C%20Gon%E7alves%20Pereira%2C%20S.L.P.%20acted%20as%20legal%20advisor%20to%20Veolia%20Eau-Compagnie%20G%E9n%E9rale%20des%20Eaux.
Beijing%20Enterprises%20Water%20Group%20Limited%20%28SEHK%3A371%29%20signed%20a%20sale%20and%20purchase%20agreement%20to%20acquire%20Compagnie%20G%E9n%E9rale%20des%20Eaux%28Portugal%29-Consultadoria%20e%20Engenharia%2C%20S.A%20%28CGEP%20Group%29%20from%20Veolia%20Eau-Compagnie%20G%E9n%E9rale%20des%20Eaux%20for%20%u20AC95.1%20million%20in%20cash%20on%20March%2021%2C%202013.%20The%20consideration%20is%20subject%20to%20an%20adjustment%20of%20up%20to%20%u20AC5%20million%2C%20giving%20a%20maximum%20aggregate%20consideration%20of%20approximately%20%u20AC100.1%20million.%20Also%2C%20Beijing%20Enterprises%20is%20acquiring%20the%20shareholder%20loans%20of%20CGEP.%0D%0A%0D%0AThe%20CGEP%20Group%20reported%20revenues%20of%20%u20AC42.1%20million%2C%20EBITDA%20of%20%u20AC8.2%20million%2C%20net%20profit%20before%20taxation%20of%20%u20AC1.4%20million%20and%20net%20profit%20after%20taxation%20of%20%u20AC1%20million%2C%20total%20assets%20of%20%u20AC97.9%20million%2C%20total%20common%20equity%20of%20%u20AC17.5%20million%20for%20the%20year%20ended%20December%2031%2C%202012.%20The%20transaction%20is%20expected%20to%20close%20on%20or%20before%20June%2030%2C%202013.%20Banco%20Santander%20Totta%20SA%20acted%20as%20financial%20advisor%20to%20Beijing%20Enterprises%20and%20Banco%20Bilbao%20Vizcaya%20Argentaria%2C%20S.A.%20%28CATS%3ABBVA%29%20acted%20as%20financial%20advisor%20to%20Veolia%20Eau-Compagnie%20G%E9n%E9rale%20des%20Eaux.%20Francisco%20Brito%20e%20Abreu%2C%20Ana%20Sa%20Couto%2C%20T%E2nia%20Lu%EDsa%20Faria%2C%20Jo%E3o%20Louro%20e%20Costa%2C%20Marta%20Presas%2C%20Manuel%20Cordeiro%20Ferreira%2C%20Martin%20Perrotto%2C%20Jay%20Ze%2C%20Juan%20Mart%EDn%20Perrotto%20and%20Rodrigo%20Peruyero%20of%20Ur%EDa%20Men%E9ndez%20and%20Slaughter%20and%20May%20acted%20as%20legal%20advisors%20to%20Beijing%20Enterprises%20Water%20Group%20Limited.%20Duarte%20Abecassis%20and%20Marta%20Pereira%20da%20Silva%20of%20Cuatrecasas%2C%20Gon%E7alves%20Pereira%2C%20S.L.P.%20acted%20as%20legal%20advisor%20to%20Veolia%20Eau-Compagnie%20G%E9n%E9rale%20des%20Eaux.
Beijing%20Enterprises%20Water%20Group%20Limited%20%28SEHK%3A371%29%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%20from%20Harvest%20Brilliant%20Investments%20Limited%20on%20February%206%2C%202013.%20In%20related%20transactions%2C%20Beijing%20Enterprises%20Water%20Group%20Limited%20acquired%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20from%20Guangdong%20Yuefeng%20Environmental%20Investment%20Co.%2C%20Ltd.%20Beijing%20Enterprises%20Water%20Group%20Limited%20also%20agreed%20to%20acquire%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20Beijing%20Enterprises%20Water%20Group%20will%20pay%20a%20total%20of%20CNY%20504.1%20million%20for%20all%20the%20transactions.%20Under%20the%20terms%20of%20deal%2C%20CNY%20169.5%20million%20will%20be%20paid%20as%20the%20down%20payment%20within%203%20business%20days%20after%20the%20date%20of%20signing%20of%20agreement%2C%20CNY%20284.6%20million%20will%20be%20paid%20on%20the%203rd%20business%20days%20after%20the%20fulfillment%20of%20the%20conditions%2C%20CNY%2050%20million%20will%20be%20settled%20upon%20obtaining%20all%20necessary%20approvals%20and%20certificates%20in%20respect%20of%20adjustment%20of%20the%20sewage%20treatment%20tariff%20of%20companies%20or%20Beijing%20Enterprises%20written%20consent%20for%20the%20release%20of%20such%20sum%20from%20the%20designated%20account.%0D%0A%0D%0AFor%20the%20year%20ending%20December%2031%2C%202012%2C%20total%20net%20profit%20before%20and%20after%20taxation%20and%20extraordinary%20items%20of%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20was%20CNY%2059.27%20million%20and%20CNY%2057.55%20million%20respectively%2C%20and%20unaudited%20total%20net%20asset%20value%20was%20approximately%20CNY%20262.69%20million.%20The%20consideration%20shall%20be%20funded%20by%20internal%20resources%20of%20Beijing%20Enterprises%20Water%20Group.%20Upon%20completion%2C%20the%20companies%20will%20be%20wholly%20owned%20by%20Beijing%20Enterprises%20Water%20Group.%0D%0A%0D%0AThe%20deal%20is%20conditional%20upon%20obtaining%20and%20completion%20of%20all%20necessary%20approvals%20and%20procedures%20from%20relevant%20authorities%2C%20the%20delivery%20of%20all%20books%2C%20accounts%20and%20statutory%20records%20%28including%20but%20not%20limited%20to%20all%20licenses%2C%20certificates%2C%20documents%2C%20instruments%2C%20agreements%2C%20approvals%2C%20books%2C%20seals%20and%20chops%29%20and%20discharge%20and%20settlement%20of%20liabilities%20of%20companies.%20The%20completion%20of%20deal%20will%20take%20place%20upon%20fulfillment%20of%20all%20the%20conditions%20as%20mentioned%20above%20within%2060%20days%20from%20the%20date%20of%20signing%20of%20agreement.
Beijing%20Enterprises%20Water%20Group%20Limited%20%28SEHK%3A371%29%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%20from%20Harvest%20Brilliant%20Investments%20Limited%20on%20February%206%2C%202013.%20In%20related%20transactions%2C%20Beijing%20Enterprises%20Water%20Group%20Limited%20acquired%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20from%20Guangdong%20Yuefeng%20Environmental%20Investment%20Co.%2C%20Ltd.%20Beijing%20Enterprises%20Water%20Group%20Limited%20also%20agreed%20to%20acquire%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20Beijing%20Enterprises%20Water%20Group%20will%20pay%20a%20total%20of%20CNY%20504.1%20million%20for%20all%20the%20transactions.%20Under%20the%20terms%20of%20deal%2C%20CNY%20169.5%20million%20will%20be%20paid%20as%20the%20down%20payment%20within%203%20business%20days%20after%20the%20date%20of%20signing%20of%20agreement%2C%20CNY%20284.6%20million%20will%20be%20paid%20on%20the%203rd%20business%20days%20after%20the%20fulfillment%20of%20the%20conditions%2C%20CNY%2050%20million%20will%20be%20settled%20upon%20obtaining%20all%20necessary%20approvals%20and%20certificates%20in%20respect%20of%20adjustment%20of%20the%20sewage%20treatment%20tariff%20of%20companies%20or%20Beijing%20Enterprises%20written%20consent%20for%20the%20release%20of%20such%20sum%20from%20the%20designated%20account.%0D%0A%0D%0AFor%20the%20year%20ending%20December%2031%2C%202012%2C%20total%20net%20profit%20before%20and%20after%20taxation%20and%20extraordinary%20items%20of%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20was%20CNY%2059.27%20million%20and%20CNY%2057.55%20million%20respectively%2C%20and%20unaudited%20total%20net%20asset%20value%20was%20approximately%20CNY%20262.69%20million.%20The%20consideration%20shall%20be%20funded%20by%20internal%20resources%20of%20Beijing%20Enterprises%20Water%20Group.%20Upon%20completion%2C%20the%20companies%20will%20be%20wholly%20owned%20by%20Beijing%20Enterprises%20Water%20Group.%0D%0A%0D%0AThe%20deal%20is%20conditional%20upon%20obtaining%20and%20completion%20of%20all%20necessary%20approvals%20and%20procedures%20from%20relevant%20authorities%2C%20the%20delivery%20of%20all%20books%2C%20accounts%20and%20statutory%20records%20%28including%20but%20not%20limited%20to%20all%20licenses%2C%20certificates%2C%20documents%2C%20instruments%2C%20agreements%2C%20approvals%2C%20books%2C%20seals%20and%20chops%29%20and%20discharge%20and%20settlement%20of%20liabilities%20of%20companies.%20The%20completion%20of%20deal%20will%20take%20place%20upon%20fulfillment%20of%20all%20the%20conditions%20as%20mentioned%20above%20within%2060%20days%20from%20the%20date%20of%20signing%20of%20agreement.
Beijing%20Enterprises%20Water%20Group%20Limited%20%28SEHK%3A371%29%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20from%20Guangdong%20Yuefeng%20Environmental%20Investment%20Co.%2C%20Ltd.%20on%20February%206%2C%202013.%20In%20a%20related%20transactions%2C%20Beijing%20Enterprises%20Water%20Group%20Limited%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%20from%20Harvest%20Brilliant%20Investments%20Limited.%20Beijing%20Enterprises%20Water%20Group%20Limited%20also%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20Beijing%20Enterprises%20Water%20Group%20will%20pay%20a%20total%20of%20CNY%20504.1%20million%20for%20all%20the%20transactions.%20Under%20the%20terms%20of%20deal%2C%20CNY%20169.5%20million%20will%20be%20paid%20as%20the%20down%20payment%20within%203%20business%20days%20after%20the%20date%20of%20signing%20of%20agreement%2C%20CNY%20284.6%20million%20will%20be%20paid%20on%20the%203rd%20business%20days%20after%20the%20fulfillment%20of%20the%20conditions%2C%20CNY%2050%20million%20will%20be%20settled%20upon%20obtaining%20all%20necessary%20approvals%20and%20certificates%20in%20respect%20of%20adjustment%20of%20the%20sewage%20treatment%20tariff%20of%20companies%20or%20Beijing%20Enterprises%20written%20consent%20for%20the%20release%20of%20such%20sum%20from%20the%20designated%20account.%0D%0A%0D%0AFor%20the%20year%20ending%20December%2031%2C%202012%2C%20total%20net%20profit%20before%20and%20after%20taxation%20and%20extraordinary%20items%20of%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20%28companies%29%20was%20CNY%2059.27%20million%20and%20CNY%2057.55%20million%20respectively%2C%20unaudited%20total%20net%20asset%20value%20was%20approximately%20CNY%20262.69%20million.%20The%20consideration%20shall%20be%20funded%20by%20internal%20resources%20of%20Beijing%20Enterprises%20Water%20Group.%20Upon%20completion%2C%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20will%20be%20wholly%20owned%20by%20Beijing%20Enterprises%20Water%20Group.%0D%0A%0D%0AThe%20deal%20is%20conditional%20upon%20obtaining%20and%20completion%20of%20all%20necessary%20approvals%20and%20procedures%20from%20relevant%20authorities%2C%20the%20delivery%20of%20all%20books%2C%20accounts%20and%20statutory%20records%20%28including%20but%20not%20limited%20to%20all%20licenses%2C%20certificates%2C%20documents%2C%20instruments%2C%20agreements%2C%20approvals%2C%20books%2C%20seals%20and%20chops%29%20and%20discharge%20and%20settlement%20of%20liabilities%20of%20companies.%20The%20completion%20of%20deal%20will%20take%20place%20upon%20fulfillment%20of%20all%20the%20conditions%20as%20mentioned%20above%20within%2060%20days%20from%20the%20date%20of%20signing%20of%20agreement.
Beijing%20Enterprises%20Water%20Group%20Limited%20%28SEHK%3A371%29%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20from%20Guangdong%20Yuefeng%20Environmental%20Investment%20Co.%2C%20Ltd.%20on%20February%206%2C%202013.%20In%20a%20related%20transactions%2C%20Beijing%20Enterprises%20Water%20Group%20Limited%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%20from%20Harvest%20Brilliant%20Investments%20Limited.%20Beijing%20Enterprises%20Water%20Group%20Limited%20also%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20Beijing%20Enterprises%20Water%20Group%20will%20pay%20a%20total%20of%20CNY%20504.1%20million%20for%20all%20the%20transactions.%20Under%20the%20terms%20of%20deal%2C%20CNY%20169.5%20million%20will%20be%20paid%20as%20the%20down%20payment%20within%203%20business%20days%20after%20the%20date%20of%20signing%20of%20agreement%2C%20CNY%20284.6%20million%20will%20be%20paid%20on%20the%203rd%20business%20days%20after%20the%20fulfillment%20of%20the%20conditions%2C%20CNY%2050%20million%20will%20be%20settled%20upon%20obtaining%20all%20necessary%20approvals%20and%20certificates%20in%20respect%20of%20adjustment%20of%20the%20sewage%20treatment%20tariff%20of%20companies%20or%20Beijing%20Enterprises%20written%20consent%20for%20the%20release%20of%20such%20sum%20from%20the%20designated%20account.%0D%0A%0D%0AFor%20the%20year%20ending%20December%2031%2C%202012%2C%20total%20net%20profit%20before%20and%20after%20taxation%20and%20extraordinary%20items%20of%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20%28companies%29%20was%20CNY%2059.27%20million%20and%20CNY%2057.55%20million%20respectively%2C%20unaudited%20total%20net%20asset%20value%20was%20approximately%20CNY%20262.69%20million.%20The%20consideration%20shall%20be%20funded%20by%20internal%20resources%20of%20Beijing%20Enterprises%20Water%20Group.%20Upon%20completion%2C%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20will%20be%20wholly%20owned%20by%20Beijing%20Enterprises%20Water%20Group.%0D%0A%0D%0AThe%20deal%20is%20conditional%20upon%20obtaining%20and%20completion%20of%20all%20necessary%20approvals%20and%20procedures%20from%20relevant%20authorities%2C%20the%20delivery%20of%20all%20books%2C%20accounts%20and%20statutory%20records%20%28including%20but%20not%20limited%20to%20all%20licenses%2C%20certificates%2C%20documents%2C%20instruments%2C%20agreements%2C%20approvals%2C%20books%2C%20seals%20and%20chops%29%20and%20discharge%20and%20settlement%20of%20liabilities%20of%20companies.%20The%20completion%20of%20deal%20will%20take%20place%20upon%20fulfillment%20of%20all%20the%20conditions%20as%20mentioned%20above%20within%2060%20days%20from%20the%20date%20of%20signing%20of%20agreement.
Beijing%20Enterprises%20Water%20Group%20Limited%20%28SEHK%3A371%29%20entered%20into%20the%20equity%20transfer%20agreement%20to%20acquire%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20on%20February%206%2C%202013.%20In%20related%20transactions%2C%20Beijing%20Enterprises%20agreed%20to%20acquire%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%20from%20Harvest%20Brilliant%20Investments%20Limited%20and%20acquire%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20from%20Guangdong%20Yuefeng%20Environmental%20Investment%20Co.%2C%20Ltd.%20Beijing%20Enterprises%20Water%20Group%20will%20pay%20a%20total%20of%20CNY%20504.1%20million%20for%20all%20the%20transactions.%20Under%20the%20terms%20of%20deal%2C%20CNY%20169.5%20million%20will%20be%20paid%20as%20the%20down%20payment%20within%203%20business%20days%20after%20the%20date%20of%20signing%20of%20agreement%2C%20CNY%20284.6%20million%20will%20be%20paid%20on%20the%203rd%20business%20days%20after%20the%20fulfillment%20of%20the%20conditions%20and%20CNY%2050%20million%20will%20be%20settled%20upon%20obtaining%20all%20necessary%20approvals%20and%20certificates%20in%20respect%20of%20adjustment%20of%20the%20sewage%20treatment%20tariff%20of%20companies%20or%20Beijing%20Enterprises%20written%20consent%20for%20the%20release%20of%20such%20sum%20from%20the%20designated%20account.%20The%20consideration%20shall%20be%20funded%20by%20internal%20resources%20of%20Beijing%20Enterprises%20Water%20Group.%0D%0A%0D%0AFor%20the%20year%20ending%20December%2031%2C%202012%2C%20total%20net%20profit%20before%20and%20after%20taxation%20and%20extraordinary%20items%20of%20Dongguan%20City%20Degao%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Changping%20Gangzi%20Huanan%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Gaobu%20Zhonghui%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shilung%20Huangjiashan%20Yuefu%20Water%20Purify%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shipai%20Weitong%20Water%20Co.%2C%20Ltd.%2C%20Dongguan%20City%20Shatin%20Fulusha%20Meixin%20Water%20Co.%2C%20Ltd.%20and%20Dongguan%20City%20Daling%20Shan%20Yongyi%20Water%20Co.%2C%20Ltd.%20%28companies%29%20was%20CNY%2059.27%20million%20and%20CNY%2057.55%20million%20respectively%20and%20unaudited%20total%20net%20asset%20value%20was%20approximately%20CNY%20262.69%20million.%0D%0A%0D%0AThe%20deal%20is%20conditional%20upon%20obtaining%20and%20completion%20of%20all%20necessary%20approvals%20and%20procedures%20from%20relevant%20authorities%2C%20the%20delivery%20of%20all%20books%2C%20accounts%20and%20statutory%20records%20%28including%20but%20not%20limited%20to%20all%20licenses%2C%20certificates%2C%20documents%2C%20instruments%2C%20agreements%2C%20approvals%2C%20books%2C%20seals%20and%20chops%29%20and%20discharge%20and%20settlement%20of%20liabilities%20of%20companies.%20The%20completion%20of%20deal%20will%20take%20place%20upon%20fulfillment%20of%20all%20the%20conditions%20as%20mentioned%20above%20within%2060%20days%20from%20the%20date%20of%20signing%20of%20agreement.
To
mm/dd/yyyy
mm/dd/yyyy
From
mm/dd/yyyy
mm/dd/yyyyDate Range for Stats (05/20/2013 to 05/20/2013)
|
-- High-- Low## % Change |
0 Number of Dividends Paid-- Average Dividend Paid$0.00 Dividends Paid Per Period |
0 Splits7 Transactions365 Days In Range |
Select View:
Open, High, Low, and Close are split adjusted. Adjusted close reflects dividend payouts.
Stock Quotes
Market data is delayed at least 15 minutes.
| Recently Viewed | |||
| BJWTF:US | $0.37 USD | 0.00 |  |
COMPETITOR HISTORICAL STOCK QUOTES
| Company | % Change | ||
| Beijing Capital ... | -- | CNY7.70 CNY | -- |
| Suez Environneme... | -- | €11.20 EUR | -- |
| View Industry Companies | |||
Day VS. Day Stock Price Comparison
| Open | ||
| High | ||
| Low | ||
| Close | ||
| Volume |
Post a JobJobs
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
- San Francisco, CA | YelpPosted: May 02
- Thornton, CO | IntuitPosted: Apr 29
Sponsored Financial Commentaries
Sponsored Links
Report Data Issue
To contact BEIJING ENTERPRISES WATER GR, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.
Please enter your information in the following field(s):
Your requested update has been submitted
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.
