Qingdao Double Star announced that the company plans to issue shares and pay cash to purchase assets and raise supporting capital to indirectly hold 45% of Kumho Tire's shares and hold Kumho Tire. The controlling shareholder of the company, Qingdao Urban Construction Investment Co., Ltd., the controlling shareholder of the company, received approval from the Qingdao Municipal State-owned Assets Administration Commission on the principles of the company's current transaction plan.

Zhitongcaijing · 10/17 15:57
Qingdao Double Star announced that the company plans to issue shares and pay cash to purchase assets and raise supporting capital to indirectly hold 45% of Kumho Tire's shares and hold Kumho Tire. The controlling shareholder of the company, Qingdao Urban Construction Investment Co., Ltd., the controlling shareholder of the company, received approval from the Qingdao Municipal State-owned Assets Administration Commission on the principles of the company's current transaction plan.