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Hanfeng Evergreen Provides Update on Proposed Privatization Transaction

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Tweet Send to a Friend Get Alerts HF Hot Sheet Price: $18.12 -0.17% Overall Analyst Rating: BUY (= Flat) Dividend Yield: 8.4% EPS Growth %: -6.9% Trade HF Now! TORONTO, ONTARIO--(Marketwired - July 4, 2013) - Hanfeng Evergreen Inc. (TSX: HF) ("Hanfeng" or the "Corporation") today provided an update regarding the current status of the pending privatization of the Corporation by Xinduo Yu, the Chief Executive Officer of the Corporation, and 8310831 Canada Inc., a corporation wholly-owned by Xinduo Yu (collectively, the "Purchaser"), which was previously approved by the Corporation's shareholders at an annual and special meeting of the Corporation's shareholders held on March 15,...

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