Aptus Holdings Limited ("Aptus") is an indirect non-wholly-owned subsidiary of China Vanguard which is listed on the Growth Enterprises Market of the Stock Exchange of Hong Kong Limited. Its operations consist of products trading in Asia countries with edible oil being the main product.
On 27 May 2010, Aptus and China Vanguard announced that the acquisition of the entire issued share capital of Casdon Management Limited ("Casdon") has been completed in accordance with the terms and conditions of the sale and purchase agreement as supplemented by the supplemental agreement. For further details, please refer to the joint announcements of Aptus and China Vanguard dated 1 December 2009, 19 March 2010 and 27 May 2010 and the joint circular of Aptus and China Vanguard dated 22 April 2010 respectively.
|