May 1, 2018 / 2:52 PM / a month ago

BRIEF-Beijing WKW Automotive Parts Scraps Restructuring, Shareholder To Buy Co's Shares

May 1 (Reuters) - Beijing WKW Automotive Parts Co Ltd :

* SAYS IT SCRAPS ASSET RESTRUCTURING, SHARE TRADE TO RESUME ON MAY 2

* SAYS SHAREHOLDER PLANS TO BUY 5.0 PERCENT STAKE IN THE COMPANY AT 8.0 YUAN PER SHARE FOR UP TO 600.0 MILLION YUAN ($94.75 million) Source text in Chinese: bit.ly/2JIdeg3; bit.ly/2w0eR71 Further company coverage: ($1 = 6.3325 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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