gsg_stock discussion

Stockwatch- 3 parties interested in G&W's Oakwell stake

Highlights of Lianhe Zaobao today 23 May 2006:

1. G&W confirms market talk that there are interested parties in G&W's stake in Oakwell Engineering, however, it says that there are no agreement reached so far.

2. G&W owns 28% of Oakwell Engineering.

3. There are 3 potential buyers, including one local listed company and overseas companies.

4. G&W is interested to divest its stake in Oakwell Engineering at above market price, and the sales price is likely not lower than $10 mil.

For full article, read http://www.zaobao.com/cj/cj060523_519.html

"市场传出说有第三者有意收购青白集团(G & W Group)旗下的挂牌公司固惠工程(Oakwell Engineering)，针对这点，青白集团受询时证实目前正在就此事进行谈判，不过仍未达成任何协议"

posted by gsg @ 11:45 PM