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Wrong Gang Chai?

Dr. Gang Chai

Chief Executive Officer

MAJOR SHAREHOLDER McVicar Industries Inc.

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MAJOR SHAREHOLDER McVicar Industries Inc.

Background Information

Employment History

Director, President and Chief Executive Officer

JITE Technologies Inc.

President and Chief Operating Officer

Hanfeng Evergreen Inc.

Geological Survey of Canada

Chief Executive Officer

McVicar Industries Inc

Affiliations

Founder
China eMall Corporation

Education

Doctorate Degree

Geology

University of Toronto

Web References (50 Total References)


McVicar Industries Inc.

www.mcvicar.ca [cached]

AMALGAMATION COMPLETED McVicar Industries Inc. ("McVicar") (TSXV symbol MCV) announces that its amalgamation (the "Amalgamation") with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI. --click here to see details

PROPOSED AMALGAMATION RECEIVES 96.9% SHAREHOLDER APPROVAL McVicar Industries Inc. ("McVicar") (TSXV symbol MCV) announces that at its special meeting of shareholders held today (the "Meeting") Shareholders have passed a special resolution approving the proposed amalgamation (the "Amalgamation") of McVicar with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.
...
ENTERS MERGER AGREEMENT WITH PRINCIPAL SHAREHOLDER McVicar Industries Inc. ("McVicar" TSXV symbol MCV) announces today that it has entered into a merger agreement (the "Merger Agreement") with GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, pursuant to which McVicar has agreed, subject to regulatory and shareholder approval, to amalgamate (the "Amalgamation") under s. 174 of the Business Corporations Act (Ontario) with 1909734 Ontario Limited, a wholly owned subsidiary of GCCI, to form a new corporation to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI. --click here to see details
MCVICAR ANNOUNCES CHANGES TO THE SHAREHOLDING OF MAJOR SHAREHOLDER McVicar Industries Inc. (TSX-V "MCV") announces that its chief executive officer, Dr. Gang Chai, has acquired control, through a controlled corporation, of the number of common shares of McVicar.


JTI - http://www.jitetech.com/

www.jitetech.com [cached]

Dr. Gang Chai, Director, President & CEO

Dr. Gang Chai, Director, President & CEO, is an entrepreneur specifically focused on consulting and investment between Canada and China. He initially worked for the federal government in Ottawa for two years after obtaining a Ph.D. from the University of Toronto. Dr. Chai has consulted for numerous international companies doing business in China in the middle 1990s. He founded McVicar Minerals Ltd. which was engaged in mineral exploration in Canada and China. The company merged with China based Hanfeng Evergreen Inc. in 2003 and is traded in the Toronto Stock Exchange at present. Dr. Chai founded and has been CEO of McVicar Resources Inc. since 2003.


Dr. Gang Chai, Director, ...

www.mcvicar.ca [cached]

Dr. Gang Chai, Director, President & CEO, is an entrepreneur specifically focused on consulting and investment between Canada and China. He initially worked for the federal government in Ottawa for two years after obtaining a Ph.D. from the University of Toronto. Dr. Chai has consulted for numerous international companies doing business in China in the middle 1990s. He founded McVicar Minerals Ltd. which was engaged in mineral exploration in Canada and China. The company merged with China based Hanfeng Evergreen Inc. in 2003 and is traded in the Toronto Stock Exchange at present. Dr. Chai founded and has been CEO of McVicar Resources Inc. since 2003.


On April 29th, 2014, McVicar ...

petelaw.com [cached]

On April 29th, 2014, McVicar Industries Inc. ("McVicar") announced that its shareholders had approved an amalgamation (the "Amalgamation") with a wholly-owned subsidiary ("Subco") of GC Consulting & Investment Corp. ("GCCI"), a company controlled by Dr. Gang Chai, the Chief Executive Officer of McVicar, pursuant to which McVicar and Subco combined to form a new company carrying on the business of McVicar as a wholly-owned subsidiary of GCCI.


AMALGAMATION COMPLETED: McVicar ...

www.mcvicar.ca [cached]

AMALGAMATION COMPLETED: McVicar Industries Inc. (" McVicar") (TSXV symbol MCV) announces that its amalgamation (the "Amalgamation") with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.

...
PROPOSED AMALGAMATION RECEIVES 96.9% SHAREHOLDER APPROVAL: McVicar Industries Inc. (" McVicar") (TSXV symbol MCV) announces that at its special meeting of shareholders held today (the "Meeting") Shareholders have passed a special resolution approving the proposed amalgamation (the "Amalgamation") of McVicar with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, to form a new corporation ("Amalco") to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.
The special resolution was passed by 15,663,013 votes or approximately 96.9% of the 16,169,999 votes cast at the Meeting. Excluding the votes attaching to the 6,261,182 shares owned by GCCI and related parties, the special resolution was passed by 9,401,831 or approximately 94.9% of the votes by unrelated minority shareholders. A total of 506,986 votes were cast against the resolution.
"I am very gratified" said Dr. Gang Chai "that the overwhelming majority of McVicar shareholders have supported this transaction and accepted that the $0.50 per share cash consideration, (a more than 126% premium to the prevailing price prior to the announcement of the Amalgamation) represents a fair price for McVicar shares.
...
The rescheduling of the meeting is to allow sufficient time for Evans & Evans, Inc. to complete the formal valuation of McVicar and their opinion as to the fairness, from the financial point of view, (collectively the "Valuation") of the previously announced, proposed amalgamation (the "Amalgamation") of McVicar with 1909734 Ontario Limited, a wholly owned subsidiary of GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer.
...
ENTERS MERGER AGREEMENT WITH PRINCIPAL SHAREHOLDER: McVicar Industries Inc. (" McVicar" TSXV symbol MCV) announces today that it has entered into a merger agreement (the "Merger Agreement") with GC Consulting & Investment Corp. ("GCCI"), a corporation controlled by Dr. Gang Chai, McVicar's chief executive officer, pursuant to which McVicar has agreed, subject to regulatory and shareholder approval, to amalgamate (the "Amalgamation") under s. 174 of the Business Corporations Act (Ontario) with 1909734 Ontario Limited, a wholly owned subsidiary of GCCI, to form a new corporation to be named McVicar Industries Inc. which will be a wholly owned subsidiary of GCCI.
...
MCVICAR ANNOUNCES CHANGES TO THE SHAREHOLDING OF MAJOR SHAREHOLDER: McVicar Industries Inc. (TSX-V "MCV") announces that its chief executive officer, Dr. Gang Chai, has acquired control, through a controlled corporation, of the number of common shares of McVicar set opposite such dates:
...
Due to the cancellation of 6,839,800 of its common shares, as a result of the closing of the sale of McVicar's wholly-owned subsidiary Zhejiang Hongbo Chemical Co., Ltd. (announced on January 20, 2014), the percentage holdings of McVicar common shares by Dr. Chai increased from 10.42% to 12.90%.
The change in Dr. Chai's percentage shareholding in McVicar was as a result of the Hongbo transaction and not as a result of any action by Dr. Chai and no consideration was paid to him for same. Dr. Chai intends to hold its shares for investment purposes.

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