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China CNR Corp Ltd Announces Reorganization Plan


Tuesday, 29 Oct 2013 08:00pm EDT 

China CNR Corp Ltd announced that it will use its book balance of long-term equity investment and monetary capital in Qiqihar Railway Rolling Stock Co., Ltd. worth RMB 3,118 million, to invest in a Qiqihar-based railway vehicle subsidiary. As a result, Qiqihar Railway Rolling Stock will become a wholly owned subsidiary of the Qiqihar-based railway vehicle subsidiary. 

Company Quote

4.87
-0.13 -2.60%
30 Jul 2014