February 7, 2018 / 7:57 AM / in 13 days

BRIEF-Kunwu Jiuding Investment Holdings shareholders to transfer stake in three firms to co

Feb 7(Reuters) - Kunwu Jiuding Investment Holdings Co Ltd

* Says co’s indirect controlling shareholder plans to transfer 70 percent stake in a Beijing-based investment management firm to the co

* Says a Lhasa-based wholly owned unit of the indirect controlling shareholder will transfer a 25 percent and a 70 percent stake in Beijing-based fund management firm and asset management firm to the co respectively

* Says no payment in the transfer

Source text in Chinese: goo.gl/1E83sJ

Further company coverage: (Beijing Headline News)

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