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