We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Dfi Retail Group Holdings Limited | LSE:DFIB | London | Ordinary Share | BMG2624N1535 | ORD $0.05 5/9 (BERMUDA REGD) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 9.17 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Retail Stores, Nec | 9.17B | 32.2M | 0.0238 | 385.29 | 12.41B |
From Apr 2019 to Apr 2024
TIDMDFI TIDMJAR TIDMJDS
RNS Number : 8225G
Dairy Farm International Hldgs Ltd
10 August 2016
To: Business Editor For immediate release
DAIRY FARM COMPLETES FURTHER INVESTMENT IN YONGHUI SUPERSTORES
10th August 2016 - Dairy Farm International Holdings Limited today announced that its wholly-owned subsidiary, The Dairy Farm Company, Limited, has completed the acquisition of a further 286,934,440 shares in Yonghui Superstores Co., Ltd ('Yonghui') for a consideration of approximately US$190 million.
The acquisition, which is alongside an acquisition by JD.com of a 10% interest and by Mr. Zhang Xuansong, the Chairman of Yonghui, of a 2% interest, maintains Dairy Farm's shareholding in Yonghui at 19.99%.
The acquisition was first announced on 7th August 2015, and had been subject to the receipt of the necessary regulatory approvals. The number of shares subscribed by Dairy Farm was adjusted from the amount originally announced to take account of a bonus issue of shares made by Yonghui in June 2016.
Yonghui is a Shanghai-listed hypermarket and supermarket operator based in Fuzhou, Fujian province in mainland China. As at 31st March 2016, Yonghui operated 412 retail outlets across China.
Dairy Farm is a leading pan-Asian retailer. The Group, together with its associates and joint ventures, operates some 6,500 outlets - including supermarkets, hypermarkets, convenience stores, health and beauty stores, home furnishings stores and restaurants - employing over 180,000 people, and had total annual sales in 2015 exceeding US$17 billion. Dairy Farm International Holdings Limited is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.
- end -
For further information, please contact:
Dairy Farm Management Services Limited
Lancy Ng (852) 2299 3011
Brunswick Group Limited
Siobhan Xiaohui Zheng (852) 3512 5044
This and other Group announcements can be accessed through the Internet at www.dairyfarmgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DOCBBGDIDSBBGLG
(END) Dow Jones Newswires
August 10, 2016 07:46 ET (11:46 GMT)
1 Year Dfi Retail Chart |
1 Month Dfi Retail Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
