China Hainan Rubber, a state-owned holding company in China listed on the Shanghai Stock Exchange, has made a cash offer to acquire 574.2 million shares in the capital of Singapore-listed Halcyon Agri Corporation for approximately US$180.9 million. The number of shares…
Tag: Hainan Rubber
Hainan Rubber, Wangfujing Group forge JV on duty-free goods for Hainan market
Chinese general merchandise retailing company, Wangfujing and the country’s largest natural rubber manufacturer, Hainan Rubber formed joint ventures to enter Hainan’s offshore duty-free market, taking advantage of a yet to be implemented new tax-exempt policy, according to reports. The partners…