Goldleaf Jewelry Co. will finance the deal through a private placement
that is expected to raise as much as 5.69 billion yuan ($938.9 million)
from no more than 10 investors, it said Monday in a statement filed to
the Shenzhen Stock Exchange. The company would hold 95% of the
Texas-based ERG Resources LLC after the transaction.
Goldleaf would gain a foothold in oil fields in California and Texas
under the deal, a move to diversify a company that is "overly focusing"
on processing gold jewelry,Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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