To acquire from Mr. Liu Yang and Mr. LiuQinghao all the equity of Henan Kaiyuan Food Co., LTD., at a total cost of RMB20,000,000 (equivalent to approximately HK $22 million), through the allocationand issuance of 383,398,645 shares, accounting for 19.17% of the issued sharecapital, at a allocation price of HK $0.057
Source： HKEXnews
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