Ad-hoc | 14 October 2016 11:15
ZhongDe Waste Technology AG / Key word(s): Disposal
14.10.2016 11:15
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Public disclosure of inside information pursuant to Article 17 MAR
ZhongDe sells all shares in Chung Hua Environment Protection (Holding)
Group Ltd.
Frankfurt, 14 October 2016 - ZhongDe Waste Technology AG (the "Company")
and CAPITAL YIELD GROUP LIMITED have today entered into an agreement on the
sale of all shares in its wholly owned subsidiary Chung Hua Environment
Protection (Holding) Group Ltd., Hong Kong ("Chung Hua") with CAPITAL YIELD
GROUP LIMITED. Chung Hua carries out the BOT (Build, Operate and Transfer)
projects regarding waste-to-energy projects in China.
The purchase price amounts RMB 900,000,000 which equals approx. EUR
121,000,000.
The supervisory board of the Company has agreed to the sale of the shares
in Chung Hua to CAPITAL YIELD GROUP LIMITED.
Additional Information:
ISIN: DE000ZDWT018
WKN: ZDWTT01
Listing: Regulated Market (Prime Standard) at Frankfurt Stock Exchange
Contact:
ZhongDe Waste Technology AG
David Chen
Chief Representative
Messeturm 25th floor
Friedrich-Ebert-Anlage 49
60308 Frankfurt
Tel.: +49 (0) 69 50956 5655
Fax: +49 (0) 69 50956 5520
Email: david@zhongdetech.com
14.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: ZhongDe Waste Technology AG
Messeturm 25th floor
60308 Frankfurt
Germany
Phone: + 49 69 50956 5655
Fax: + 49 69 50956 5520
E-mail:
Internet: www.zhongde-ag.de
ISIN: DE000ZDWT018
WKN: ZDWT01
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News-Service
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