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Provider: Reuters Investment Profile
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Shenji Group Kunming Machine Tool Co Ltd to Divest Holdings


Monday, 7 Jan 2013 07:00pm EST 

Shenji Group Kunming Machine Tool Co Ltd announced that it will transfer all its 50% stake in a Fujian-based machine tool company, which was listed on Yunnan Equity Exchange Co. LTD, to another Fujian-based machine tool company, for RMB 1 million. The effective date of the transaction is December 28, 2012. 

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