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Shantui Construction Machinery Co Ltd's Subsidiary Announces Capital Injection for Equity Acquisition
Shantui Construction Machinery Co Ltd announced that its wholly owned subsidiary, an investment company (Company A), plans to inject RMB 216.80 million into a Taian-based heavy industry company which is mainly engaged in the truck cranes and related spare parts, attachments research, development, design, manufacturing, assembly, production, sales and maintenance. After that, Company A will totally hold a 51% stake in the target company.
Latest Developments for Shantui Construction Machinery Co Ltd
- Shantui Construction Machinery Co Ltd to Divest Stake in Subsidiary
- Shantui Construction Machinery Co Ltd Announces No Dividend Payment for FY 2012
- Shantui Construction Machinery Co Ltd Announces FY 2012 Net Profit Outlook In Line With Analysts' Estimate
- Shantui Construction Machinery Co Ltd Receives Subsidy
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