LIMIN CHEMICAL(MYANMAR)COMPANY LIMITED announced that it expects to receive $0.5 million in funding from Limin Group Co., Ltd.
October 27, 2019
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LIMIN CHEMICAL(MYANMAR)COMPANY LIMITED announced that it will receive $500,000 in equity round of funding from returning investor Limin Chemical Co., Ltd. (SZSE:002734) on October 28, 2019. On closing, the investor will retain its 100% stake in the company. Post the transaction, the registered capital will increase from $50,000 to $550,000. The transaction was approved in the 11th meeting of the 4th directorate of the company.
Limin Group Co., Ltd., formerly Limin Chemical Co., Ltd., is a China-based company principally engaged in the research, development, production and sales of pesticides and preparations. The Company mainly provides germicide products, including mancozeb, cymoxanil, fosetyl-aluminum and pyrimethanil, among others. It also provides pesticides such as thiacloprid and other formulations, and herbicides such as mesotrione. The Company distributes its products within domestic market and to overseas markets.
LIMIN GROUP CO.,LTD. 
