E-Kong will indirectly hold 42% stake in Konka lighting

According to infocast communication reports, e-Kong announced the acquisition of Arbo International Limited crown and all rights, the price of 100 thousand yuan, the company and to the crown and Arbo were 22 million yuan and 20 million yuan paid as interest bearing loans, let the crown and Arbo respectively under the agreement of lighting lighting Konka Konka 20% and 22% did not pay the registered capital to pay his debt payment.

The crown is principally engaged in investment holding. Arbo is principally engaged in investment holding and trading of LED related products. Konka lighting group is mainly engaged in LED and related industrial chain design, research and development and manufacturing, focusing on the development of commercial lighting, industrial lighting and public lighting products. In September 1st, the buyer joined crown and Arbo, and the seller entered into a Konka lighting agreement, the contents of the total transfer of 42% of the outstanding shares of Konka lighting.

When the crown and the acquisition of Arbo and Konka lighting agreement is completed, the company will have a 42% stake in Konka lighting. The Board believes that the group and Konka lighting group can work together to expand the LED lighting business in Southeast Asia, and the group can also expand its business operations to develop a variety of LED lighting technology.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).