January 22, 2018 / 3:11 PM / a year ago

BRIEF-Baic Motor Corp's Unit To Dispose 8.15% Equity Interest In BJEV To Qianfeng

Jan 22 (Reuters) - Baic Motor Corp Ltd:

* UNIT TO DISPOSE 8.15 PCT EQUITY INTEREST IN BJEV TO QIANFENG WITH CONSIDERATION OF 62.4 MILLION NEW A SHARES TO BE ISSUED TO IT BY QIANFENG​

* QIANFENG TO SWAP 29.12 PCT EQUITY INTEREST HELD BY BAIC GROUP IN BJEV, ISSUE 698.7 MILLION A SHARES TO BUY INTEREST HELD BY BAIC GROUP IN BJEV​ Source text for Eikon: Further company coverage:

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