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BRIEF-Shenzhen Megmeet Electrical to raise stake in Shenzhen-based electronic tech firm to 55 pct
October 31, 2017 / 2:28 AM / 25 days ago

BRIEF-Shenzhen Megmeet Electrical to raise stake in Shenzhen-based electronic tech firm to 55 pct

Oct 31 (Reuters) - Shenzhen Megmeet Electrical Co Ltd

* Says it will acquire 42.3 percent stake in Shenzhen-based electronic tech firm for 15 million yuan

* Says it will boost capital at Shenzhen-based electronic tech firm by 10 million yuan after acquisition

* Says it will raise stake in Shenzhen-based electronic tech firm to 55 percent after transaction

Source text in Chinese:goo.gl/ijZs5f

Further company coverage: (Beijing Headline News)

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