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Guangdong Tapai Group Co., Ltd Announces No Dividend Payment, to Acquire Mining Company
 
Reuters--02-17-2009      [-] Text [+]
 
Guangdong Tapai Group Co., Ltd announced no dividend payment for fiscal year 2008. The Company also announced that it will invest RMB 76,361,400 to acquire the 100% stake in a Meizhou-based mining company and invest RMB 25,087,613.41 to acquire the 25% stake in a Jiaoling-based construction materials company (Company A). After the purchase, the Company will hold a 100% stake in Company A. 

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