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Fujian Qingshan Paper Industry Co Ltd to Divest Holdings in Subsidiary

Friday, 21 Jun 2013 08:00pm EDT 

Fujian Qingshan Paper Industry Co Ltd announced that it will list a 100% stake in its wholly owned subsidiary, a Fujian-based forest company, on a Fujian-based asset exchange center for sale, at a price of not less than RMB 46,178,300. If the equity shares is not actioned in a certain period, the Company will reduce the listing price by 10% and expand the listing period. 

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