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Guangdong Provincial Expressway Development Co Ltd decreases holding in joint venture

Friday, 27 Dec 2013 07:00pm EST 

Guangdong Provincial Expressway Development Co Ltd:Says it has waived the right to inject capital in a joint venture, which is engaged in investment, construction, operation and management of Guangle Expressway and related facilities.Says its stake in the joint venture will decrease to 9 pct, down from 30 pct, after the capital injection.