Greenland Acquisition Corp to acquire Zhongchai Holding

Greenland Acquisition Corp, a SPAC, signed a share exchange agreement to acquire 100% of Zhongchai Holding, a provider of transmission systems for material handling equipment in China. Zhongchai will become a wholly-owned subsidiary.

“Greenland Acquisition Corp. signed a share exchange agreement on July 12, 2019 to acquire 100% of the issued and outstanding capital stock of Zhongchai Holdings.”accessnewswire.com

• 1 source
• accessnewswire.comGreenland Acquisition Corporation (GLAC) Signed A Share Exchange Agreement to Acquire Zhongchai Holding (Hong Kong) LimitedStone Street Group LLCSep 24, 2019

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