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Minmetals Development Co Ltd to Divest Holdings in Shangri-La Hotel

Thursday, 29 Aug 2013 12:00pm EDT 

Minmetals Development Co Ltd announced that it has decided to divest its holdings of a 62% stake in Shangri-La Hotel, to China Minmetals Corporation, the controlling shareholder of the Company, for RMB 366,348,200. 

Company Quote

0.21 +1.95%
2:59am EDT