Chacha Food Company, Limited cancelled the acquisition of a 60% stake in Jiangsu Qiakang Foods Co., Ltd.
March 10, 2016 at 11:00 pm EST
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Chacha Food Company, Limited (SZSE:002557) signed an agreement to acquire a 60% stake in Jiangsu Qiakang Foods Co., Ltd. on March 11, 2015. Chacha Food Company, Limited's 9th session of the 3rd Directorate meeting approved the deal.
Chacha Food Company, Limited (SZSE:002557) cancelled the acquisition of a 60% stake in Jiangsu Qiakang Foods Co., Ltd. on March 11, 2016.
CHACHA FOOD COMPANY, LIMITED is a China-based company principally engaged in the production and distribution of leisure food. The Companyâs main products include traditional roasted products, including sunflower seed series; high-end nut products, including walnuts; baked food, including potato chips, as well as fried food, pickled food, biscuits and agricultural and sideline products, among others. The Company distributes its products under the brand name of ChaCha. The Company distributes its products within domestic market and to overseas markets.