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Wuhan Sante Cableway Group Co Ltd Announces Capital Injection in Subsidiary


Wednesday, 29 May 2013 08:00pm EDT 

Wuhan Sante Cableway Group Co Ltd announced that it has decided to inject RMB 34,500,000 in a Inner Mongolia-based subsidiary, which is engaged in travel industry development business. A Ningxia-based energy group will inject RMB 5.5 million in the subsidiary. As a result, the subsidiary's registered capital will increase from RMB 10 million to RMB 50 million. The Company will hold a 80% stake and the Ningxia-based group will hold a 20% stake in the subsidiary. 

Company Quote

17.67
0.01 +0.06%
16 Apr 2014