Global New Material International Holdings Announces Disposal Of Equity Interest In Chesir Luzhai

Reuters

05-25

May 25 (Reuters) - Global New Material International Holdings Ltd <6616.HK>::
*SAYS CHONGQING INTERNATIONAL AGREED TO INJECT 500 MILLION YUAN INTO NON-WHOLLY OWNED INDIRECT SUBSIDIARY CHESIR LUZHAI
*SAYS ITS EQUITY INTEREST IN CHESIR LUZHAI WILL BE DILUTED FROM APPROXIMATELY 52.22% TO APPROXIMATELY 47.48% UPON COMPLETION

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 25-MAY-202510:29:51 GMT

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