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Sinomach Automobile Co Ltd to Acquire China-based Company

Tuesday, 18 Jun 2013 08:00pm EDT 

Sinomach Automobile Co Ltd announced that it has decided to issue new shares to acquire a 100% stake in a China-based company, which is engaged automobile importing and exporting business, after the China-based company's merger with China Auto Caiec Ltd. The China-based company is a group company of China National Machinery Industry Corporation. 

Company Quote

1.67 +5.31%
25 May 2015