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Provider: Pechala's Reports

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Aluminum Corp Of China Ltd Sells Stake in Eight Companies

Friday, 7 Jun 2013 08:00pm EDT 

Aluminum Corp Of China Ltd announced that it has sold an 86.84% stake in a Henan-based aluminum company, a 60% stake in an aluminum plate company, a 100% stake in a cold rolling company and a Qingdao-based light metal company, a 56.86% stake in another aluminum company, a 93.74% stake in another aluminum plate company, a 50% stake in a Chongqing-based special aluminum material company, and a 40% stake in a Guizhou-based aluminum company, to its controlling shareholder for RMB 3,242,245,400 in total through listing on equity exchange. 

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