BRIEF-Shenzhen MTC plans to use up to 1 bln yuan of its available cash to set up a trust with Shanghai Trust

March 21 Fri Mar 21, 2014 9:40am EDT

March 21 (Reuters) - Shenzhen MTC Co Ltd

* Says plans to use up to 1 billion yuan ($160.58 million) of its available cash to set up a trust with Shanghai trust

Source text in Chinese: link.reuters.com/duw77v

Further company coverage: ($1 = 6.2275 Chinese Yuan) (Reporting by Hong Kong and Singapore newsrooms)

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