Attached files
| file | filename |
|---|---|
| EX-10.1 - China Kangtai Cactus Bio-tech, Inc. | v172606_ex10-1.htm |
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: January 27, 2010
CHINA
KANGTAI CACTUS BIO-TECH, INC.
(Exact
name of registrant as specified in its charter)
|
Nevada
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000-33097
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87-0650263
|
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification
Number)
|
|
No.
99 Taibei Road
Limin
Economy and Technology Developing District
Harbin,
P.R.C.
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150025
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
Telephone Number, including area code: (86) 451-57351189 ext
126
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
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
pursuant 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 Act (17 CFR
240.13e-4(c))
On
January 27, 2010, China Kangtai Cactus Bio-Tech, Inc., a Nevada corporation (the
“Company”) through its wholly owned subsidiary, Harbin Hainan Kangda Cactus
Health Food Co., Ltd. (“Kangda”), entered into an agreement (the “Agreement”)
with the city of Qitaihe in China whereby the city of Qitaihe will take over
certain real property of Kangda located in the city of Qitaihe by eminent
domain.
Pursuant
to the Agreement, Kangda would turn over land use rights over 49,000 square
meters of real property located in Shuguang Village of Xinxing District in the
city of Qitaihe, China, and all buildings located on the property owned by
Kangda. In return for forfeiting such properties, Kangda will receive a total of
RMB36,304,461 (approximately US$5.3 million) as compensation from the city of
Qitaihe.
An English translation of the Agreement
described above is filed as an exhibit herewith and the above summary of the
Agreement is qualified in its entirety by reference to the Agreement, which is
incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
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Exhibit No.
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Description
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10.1
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Agreement
by and between Harbin Hainan Kangda Cactus Health Food Co., Ltd. and City
of Qitaihe, China dated January 27,
2010.
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned duly
authorized.
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CHINA KANGTAI CACTUS
BIO-TECH, INC.
|
|||
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By:
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/s/ JINJIANG WANG | |
| President and Chief Executive Officer | |||
Date:
January 28, 2010