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Sichuan Guodong Construction Group Co Ltd to Auction Equity Shares


Monday, 15 Apr 2013 08:00pm EDT 

Sichuan Guodong Construction Group Co Ltd announced that it plans to auction its 90% stake in a Sichuan-based construction new material company, at a reserve price of RMB 241,232,000. The Company's controlling shareholder, a Sichuan-based construction group, promised that, if the equity shares was not auctioned or transferred, the shareholder would acquire it at RMB 241,232,000. 

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