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Jilin Yatai (Group) Co Ltd to Acquire Equity Shares

Tuesday, 16 Apr 2013 08:00pm EDT 

Jilin Yatai (Group) Co Ltd announced that it will acquire a 20% stake in a Sanya-based development company from a Sanya-based tourism industry investment company for RMB 82 million. After that, the Company will hold a 100% stake in the target company.