Beijing Oriental Yuhong Waterproof Technology (002271.SZ) plans to acquire 100% equity of Construmart S.A. in Chile.

date
31/07/2025
avatar
GMT Eight
Oriental Yuhong (002271.SZ) announcement, the company's board of directors approved the "Acquisition of Chile Constr...".
Beijing Oriental Yuhong Waterproof Technology (002271.SZ) Announced that the board of directors has approved the "Proposal on the Acquisition of 100% Equity of Chile Construmart S.A." The parties to the transaction signed the agreement on July 16, 2025 (July 15, 2025 Chilean time). Beijing Oriental Yuhong Waterproof Technology Overseas Construction Development Company and Beijing Oriental Yuhong Waterproof Technology International Trade Co., Ltd. will acquire the equity of the target company from RTB, Doa Tati, and De Atacama. The transaction price is based on a purchase price of 123 million US dollars, minus any allowable leakage amount occurring between the lock-up date (June 30, 2024) and the delivery date, excluding leakage amounts from permitted leakage issues.