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Nippon Suisan Kaisha Ltd to divest stake in subsidiary

Friday, 27 Dec 2013 04:00am EST 

Nippon Suisan Kaisha Ltd:Says to sell stake worth 133,000,000 yuan in total in its China-based subsidiary, to a China-based company and Japan-based company, effective Feb.2014.Says the selling price is 1 yuan and 100 yen respectively.Says the company will hold 14.89 pct stake in the subsidiary after the selling, down from 59.11 pct stake.Says the subsidiary engages in manufacturing and sale of fishery products and frozen food. 

Company Quote

-3.0 -1.02%
22 Sep 2014