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Shanghai Jielong Industry Group Corp Ltd Announces Updates of Equity Shares Acquisition


Tuesday, 29 Oct 2013 08:00pm EDT 

Shanghai Jielong Industry Group Corp Ltd announced that it will acquire a 17% stake in a Shanghai-based real estate company and a 40% stake in a Yangzhou-based property company from its top shareholder, Jielong Group, for RMB 17,946,000 and RMB 112,662,800 respectively. The plan was previously disclosed on September 3, 2013. 

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