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BRIEF-Tahoe Group to raise stake in Beijing construction firm with 262.75 mln yuan investment
October 31, 2017 / 8:06 AM / 19 days ago

BRIEF-Tahoe Group to raise stake in Beijing construction firm with 262.75 mln yuan investment

Oct 31 (Reuters) - Tahoe Group Co Ltd

* Says it signs agreement to acquire 3.11 percent stake in Beijing construction firm for 262.75 million yuan ($39.64 million)

* Says it will own 26.43 percent stake in the construction firm after transaction

Source text in Chinese: bit.ly/2zSX0Mc

Further company coverage: ($1 = 6.6278 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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