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BackJan 31, 2017
Type Announcement
Subject OTHERS
Description

SINO HUA-AN INTERNATIONAL BERHAD (HUA-AN OR THE COMPANY) - COMMENCEMENT OF OPERATION OF LINYI YEHUA COKING CO. LTD.

We refer to the announcement made on 29 January 2016 in relation to lease agreement entered between Linyi Yehua Coking Co. Ltd ("Yehua"), the wholly-owned subsidiary of the Company and Linyi Xin Jiang Quan Metal Material Technology Co. Ltd. (“XJQ”) for the leasing of its coking ovens #1, #2 and #3 and its ancillary facilities ("Leasing") at Yehua.

The Board of Directors of Hua-An wishes to inform that the abovementioned lease agreement will lapse on 31 January 2017, following which Yehua will take back all of the said coke ovens and its ancillary facilities from XJQ with immediate effect. In this respect, Hua-An will effectively thereafter have active business operations and activities within its stable.

This announcement is dated 31 January 2017.

 


Announcement Info

Company Name SINO HUA-AN INTERNATIONAL BERHAD
Stock Name HUAAN
Date Announced 31 Jan 2017
Category General Announcement for PLC
Reference Number GA1-25012017-00065