Essence Securities Company Limited acquired 3.9% stake in Tibet Mineral Development Co., LTD from a Tibet-based mining industry development company.
December 18, 2013 at 11:00 pm EST
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Essence Securities Company Limited acquired 3.9% stake in Tibet Mineral Development Co., LTD (SZSE:000762) from a Tibet-based mining industry development company on May 2, 2013. Under the terms of agreement, Essence Securities Company acquired 18.38 million shares.
Essence Securities Company Limited completed the acquisition of 3.9% stake in Tibet Mineral Development Co., LTD (SZSE:000762) from a Tibet-based mining industry development company on May 2, 2013.
SDIC Capital Co., Ltd, formerly SDIC Essence (Holdings) Co., Ltd, is a China-based company principally engaged in the securities business. The Company operates through five segments. The Brokerage segment manily includes brokerage business of securities and futures and the agent sales of financial products. Entrusted Asset Management segment mainly includes the pooled asset management, directional asset management and specific asset management. Proprietary Business segment mainly invests the Companyâs funds in equity securities, fixed income securities and derivatives and is involved in the market making business in the new over-the-counter (OTC) market. Investment Banking segment includes stock financing, bond financing, mergers and acquisitions and financial advisory services. Margin Trading segment includes margin trading, stock pledged repo and agreed-to-repurchase securities.
SDIC CAPITAL CO.,LTD 
