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5 months ago
BRIEF-Dalian Refrigeration to acquire stake in metal firm, use Guotai Junan shares for financing activities
February 15, 2017 / 8:17 AM / 5 months ago

BRIEF-Dalian Refrigeration to acquire stake in metal firm, use Guotai Junan shares for financing activities

1 Min Read

Feb 15 (Reuters) - Dalian Refrigeration Co Ltd

* Says it plans to acquire 49 percent stake in Bingshan Metal Technology for 172.95 million yuan ($25.18 million)

* Says it plans to use up to 25 million shares of Guotai Junan for engaging in refinancing securities lending transactions

Source text in English: bit.ly/2kw9LEm

Further company coverage: ($1 = 6.8676 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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