December 27, 2017 / 9:04 AM / a year ago

BRIEF-New Sea Union Telecom Technology to subscribe for 4.5 mln shares of Jiangsu Highstar Battery Manufacturing

Dec 27(Reuters) - New Sea Union Telecom Technology Co Ltd

* Says it plans to invest 29.7 million yuan to subscribe for 4.5 million shares of Jiangsu Highstar Battery Manufacturing Co Ltd (target firm)

* Says it will hold 1.6 percent stake in target firm after transaction

Source text in Chinese: goo.gl/RHh837

Further company coverage: (Beijing Headline News)

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