HALCYON AGRI Receives Strategic Investment

Hopshine Group is a natural rubber provider, mainly providing production and distribution services of natural rubber products, including rubber, hybrid rubber and latex, etc. to global users. Recently, Hainan Rubber intends to acquire 36% of the shares of HALCYON AGRI held by Sinochem through an overseas SPV. The agreed purchase price is US$0.315 per share, and the corresponding transaction consideration is US$180 million.

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