BRIEF-Global New Material International Seeks Trading Halt
Reuters
Feb 09
BRIEF-Global New Material International Seeks Trading Halt
Feb 9 (Reuters) - Global New Material International 6616.HK:
TRADING HALT OF SHARES ON HONG KONG STOCK EXCHANGE WEF 9 FEBRUARY
AGREEMENT ENTERED ON 6 FEB BETWEEN TONGLU JUNHENG EQUITY INVESTMENT PARTNERSHIP & 2 MAJOR SHAREHOLDERS OF ZHEJIANG JIHUA GROUP CO
CONSIDERATION EXPECTED TO BE RMB1,494.5 MILLION
ZHEJIANG JIHUA TO BE NON-WHOLLY OWNED SUBSIDIARY OF CO FOLLOWING ACQUISITION COMPLETION
TONGLU JUNHENG EQUITY INVESTMENT PARTNERSHIP TO ACQUIRE 29.89% STAKE IN ZHEJIANG JIHUA
Further company coverage: 6616.HK
((Reuters.Briefs@thomsonreuters.com;))
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