- Current report filing (8-K)
14 10월 2009 - 10:02PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON
,
D.C.
20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF
1934
|
DATE OF REPORT (DATE OF EARLIEST
EVENT REPORTED):
October
14
,
2009
(
October
10
,
20
09
)
|
China
Industrial Waste Management, Inc.
(Exact name of registrant as specified
in its charter)
Nevada
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002-95836-NY
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13-3250816
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(State or other
jurisdic
tion
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(Commission File
Number)
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(IRS
Employer
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of incorporatio
n)
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Identification
No.)
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China Industrial Waste Management,
Inc.
c/o Dalian Dong
t
ai Industrial Waste Treatment Co.,
Ltd
No. 1 Huaihe West
Road
E-T-D-Zone,
Dalian
,
China
116600
(Address o
f principal executive
offices) (Zip Code)
Registrant's telephone number, including
area code: 011-86-411-8
5811229
N/A
(Former Name and Address if changed
since the last Report)
Check the appropriate box below if the
Form 8-K filing is intended to si
multaneously satisfy the filing
obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material
pur
suant to Rule
14a
-12 under the Exchange Act (17 CFR
240.14a
-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Ac
t (17 CFR
240.13e-4(c))
Item 8.01 Other
Information.
On October 10, 2009, our indirect
majority owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd.
(“Dalian Dongtai”), a company formed under the laws of the People’s Republic of
China (“PRC”), consummated the acquisition of a 65% equity interest (the
“Shares”) in Hunan Hanyang Environmental Protection Science& Technology Co.,
Ltd., a PRC company (“Hunan Hanyang”), from Hunan Luyi Industrial
Development Co., Ltd.
, a PRC
company
(“Hunan Luyi”) and Ms. Song Wenling (“Ms. Song”).
The
acquisition was made pursuant to the terms of a Share Transfer Agreement by and
between Dalian Dongtai, Hunan Luyi and Ms. Song dated September 18, 2009, which
was described in and filed as an exhibit to our Form 8-K filed on September 21,
2009. Under the terms of the agreement, Dalian Dongtai purchased 46% and 19% of
the equity interest in Hunan Hanyang from Hunan Luyi and Ms. Song, respectively,
for RMB10,620,000 (approximately US$1,555,770) and RMB4,380,000 (approximately
US$641,645).
At the
time of the acquisition, Hunan Luyi and Ms. Song owned 81% and 19% shares,
respectively, of Hunan Hanyang, which constructs and operates the Hazardous
Waste Treatment Center of Changsha City, Hunan Province (“the Center”), with
registered and paid-in capital amounting to RMB 12 million (approximately
US$1,756,955). Hunan Hanyang is engaged in the business of treatment and
comprehensive utilization of waste and the management and operation of waste
treatment facilities and has the franchise right (BOT) to construct and operate
the Center for 25 years upon completion of construction.
For the
convenience of the reader, amounts in Renminbi (“RMB”) have been translated into
United States dollars (“US$”) at the rate of US$1.00=RMB6.8262 quoted by the
U.S. Federal Reserve System as at September 30, 2009. The RMB is not freely
convertible into US$ and no representation is made that the RMB amounts could
have been, or could be, converted into US$ at that rate or at all.
Item
9.01 Financial Statements and
Exhibits
Exhibit
No.
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Description
of Exhibit
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10.1
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English
translation of the Share Transfer Agreement by and between Dalian Dongtai
Industrial Waste Treatment Co., Ltd., Hunan Luyi Industrial Development
Co., Ltd. and Song Wenling dated September 18, 2009 (incorporated by
reference to Exhibit 10.1 to the registrant’s Current Report on Form 8-K
filed on September 21, 2009).
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SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused thi
s report to be signed on its behalf by
the undersigned hereunto duly authorized.
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Company Name
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By:
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/s/ Dong
Jinqing
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Name:
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Dong
Jinqing
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Title:
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Chief
Executive Officer
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China Industrial Waste M... (CE) (USOTC:CIWT)
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China Industrial Waste M... (CE) (USOTC:CIWT)
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