China Holdings Acquisition Corp. Closes Business Combination Forming China Ceramics Co., Ltd.
November 20 2009 - 6:32PM
Business Wire
China Holdings Acquisition Corp. (AMEX:HOL), a special purpose
acquisition company, previously announced that its stockholders
approved the Company's previously announced proposed business
combination with Success Winner Limited, CHAC’s target company and
the parent entity of Jinjiang Hengda Ceramics Co., Ltd. (“Hengda”).
Hengda is a leading Chinese manufacturer of ceramic tiles used for
exterior siding and for interior flooring and design in residential
and commercial buildings. Following the shareholder vote, the two
companies completed the business combination. In conjunction with
the business combination, CHAC merged into its wholly owned
subsidiary and is now called China Ceramics Co., Ltd.
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