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Provider: Thomson Reuters Stock Report

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Ningbo Construction Co Ltd to Transfer Equity Shares to Subsidiary

Monday, 15 Apr 2013 08:00pm EDT 

Ningbo Construction Co Ltd announced that it will transfer a 5% stake in a Ningbo-based engendering construction group to the Company's wholly owned subsidiary, a Ningbo-based steel structure company for RMB 29,356,500. After that, the Company still holds a 94.978% stake in the target company directly. 

Company Quote

-0.15 -1.77%
2:59am EDT