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    2232   KYG2701R1011

CRYSTAL INTERNATIONAL GROUP LIMITED

(2232)
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Crystal International Group Limited entered into a conditional agreement to acquire Fabric Mill for $30.6 million.

08/23/2021 EDT

Crystal International Group Limited entered into a conditional agreement to acquire Fabric Mill for $30.6 million on August 23, 2021. The purchase price for the Fabric Mill is US$30.6 million, subject to adjustment, to be financed from the Group’s cash resources. The Investment represents a significant milestone in the Group’s stated strategy of pursuing vertical integration for the longer-term development for the Group. Prior to the Investment, the Group has had an interest of 25% in a fabric mill joint venture with Pacific Textiles Holdings Limited since 2010. Completion of the Investment is subject to conditions precedent and is expected to be on or before 31 October 2021.


© S&P Capital IQ 2021
All news about CRYSTAL INTERNATIONAL GROUP LIMITED
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08/23Crystal International Group Limited entered into a conditional agreement to acquire Fab..
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08/18Crystal International Group Limited Reports Earnings Results for the Half Year Ended Ju..
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08/18Crystal International Group Limited Announces Unaudited Consolidated Earnings Results f..
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07/16CRYSTAL INTERNATIONAL : Sustainability Report 2020
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07/14Crystal International Group Limited Provides Unaudited Consolidated Earnings Guidance f..
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06/07CRYSTAL INTERNATIONAL : Buying Controlling Stake in Knitted Shoes Manufacturer for Nearly ..
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Analyst Recommendations on CRYSTAL INTERNATIONAL GROUP LIMITED
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Financials (USD)
Sales 2021 2 354 M - -
Net income 2021 152 M - -
Net cash 2021 220 M - -
P/E ratio 2021 6,10x
Yield 2021 3,32%
Capitalization 946 M 946 M -
EV / Sales 2021 0,31x
EV / Sales 2022 0,25x
Nbr of Employees 74 000
Free-Float 19,2%
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Technical analysis trends CRYSTAL INTERNATIONAL GROUP LIMITED
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Mean consensus BUY
Number of Analysts 4
Last Close Price 0,34 $
Average target price 0,63 $
Spread / Average Target 83,8%
EPS Revisions
Managers and Directors
Ching Leung Lo Chief Executive Officer & Executive Director
Wai Kwan Li Chief Financial Officer
Lok Fung Lo Chairman
Ching Ho Lo Executive Director & SVP-Sales & Operations
Anthony Nigel Clifton Griffiths Independent Non-Executive Director
Sector and Competitors