February 13, 2018 / 9:53 AM / 9 months ago

BRIEF-Shenzhen Sed Industry Revises Acquisition Plan, To Buy 51 Pct Stake In Shenzhen Electronic Equipment Firm

Feb 13 (Reuters) - Shenzhen Sed Industry Co Ltd:

* SAYS IT PLANS TO BUY 51 PERCENT STAKE IN SHENZHEN ELECTRONIC EQUIPMENT FIRM FOR 269.0 MILLION YUAN ($42.41 million) BY CASH, DITCHING ORIGINAL PLAN TO BUY ENTIRE COMPANY Source text in Chinese: bit.ly/2BUAB6l Further company coverage: ($1 = 6.3431 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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