November 30, 2017 / 3:06 AM / 16 days ago

BRIEF-Vanfund Urban Investment and Development says second biggest shareholder to cut stake to 0 pct from 5.2 pct

Nov 30 (Reuters) - Vanfund Urban Investment and Development Co Ltd

* Says its second biggest shareholder, Wuhu-based investment fund, will sell 16 million shares to Jinlin-based agriculture firm, and cut stake in the co to 0 percent from 5.2 percent

* Says Jinlin-based agriculture firm will increase stake in the co to 5.2 percent from 0 percent

Source text in Chinese:goo.gl/2VVuMw

Further company coverage: (Beijing Headline News)

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