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BRIEF-Kaile Science and Technology Hubei to acquire 51 pct stake in tech firm for 7.5 mln yuan
September 5, 2017 / 4:59 AM / 3 months ago

BRIEF-Kaile Science and Technology Hubei to acquire 51 pct stake in tech firm for 7.5 mln yuan

Sept 5(Reuters) - Kaile Science and Technology Co Ltd Hubei

* Says co plans to invest 7.5 million yuan in a Beijing-based firm, which is mainly engaged in R&D and manufacture of programmable logic device

* Says co will hold 51 percent stake in the Beijing-based firm after investment, up from 0 percent

Source text in Chinese: goo.gl/HDdXnc

Further company coverage: (Beijing Headline News)

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