# Wai Chun Group extends deadline to acquire 51% of Kaida Kewang Automotive Parts

Wai Chun Group Holdings (01013) extended the deadline to complete the acquisition of 51% equity in Yueyang Kaida Kewang Automotive Parts Manufacturing Co., Ltd. for 7.5 million RMB to January 31, 2018.

- Type: Acquisition
- Announced: 2017-10-31
- Where: Yueyang, China
- Value: $1.10M (7.50M CNY)
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Wai Chun Group Holdings](https://endata.com/companies/27687.md) (acquirer)
- [Yueyang Kaida Kewang Automotive Parts Manufacturing](https://endata.com/companies/27688.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/88273.html), 2017-10-31: "公司拟收购岳阳凯达科旺汽车零部件制造有限公司51%股权，代价750万元人民币"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.