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Dalian Refrigeration Co Ltd and Fuji Electric Co Ltd to Sell 100% Stake in Joint Venture

Wednesday, 23 Oct 2013 08:00pm EDT 

Dalian Refrigeration Co Ltd announced that it will sell a 50% stake in a joint venture, which is engaged in sales and operation of vending machines in Dalian City, to a Shanghai-based soft drink company. Another shareholder of the joint venture, Fuji Electric Co Ltd, will also sell a 50% stake in the joint venture to the Shanghai-based company. The total price is RMB 30 million. 

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3.0 +0.57%
2:00am EDT