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3 months ago
BRIEF-Guirenniao to buy remaining stake in shoe making unit, elects chairman
May 18, 2017 / 12:04 PM / 3 months ago

BRIEF-Guirenniao to buy remaining stake in shoe making unit, elects chairman

May 18 (Reuters) - Guirenniao Co Ltd

* Says it plans to buy remaining 49 percent stake in shoe making unit for 367.5 million yuan ($53.33 million)

* Says board elects Lin Tianfu as chairman

Source text in Chinese: bit.ly/2pWsTz6; bit.ly/2qw7mjE

Further company coverage: ($1 = 6.8910 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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