The Company did not receive the requisite stockholder vote to approve the Business Combination and the Redomestication Merger, and will not satisfy the closing conditions for the acquisition of China Greenscape, and was unable to consummate a business combination by December 27, 2008.
Source: SEC Form 8K (December 26, 2008)
Shine Media Acquisition Corp. (“Shine”) has established March 10, 2009, as the surrender date for those holders of Shine’s common stock, par value $0.0001 per share, who are entitled to receive the liquidating distribution from Shine’s trust account. Subsequent distributions of cash assets, if any, will be made to the surrendering holders of record on March 10, 2009.
Shine is also taking action to terminate the trading of the common stock, warrants and units on the OTC:BB which will take effect on March 10, 2009, and it is taking action to terminate the reporting obligations of the company under the federal securities laws.
Source: SEC Form 8K (February 23, 2009)
The company is in the process of acquiring China Greenscape Co., Ltd., one of the largest green resources companies in China.
Source: Business Wire (May 9, 2008)
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