May 24, 2017 / 9:48 AM / 3 months ago

BRIEF-Hainan Haiyao says Liu Xicheng offers takeover bid

May 24(Reuters) - Hainan Haiyao Co Ltd :

* Says Liu Xicheng offered takeover bid to acquire 10 percent stake(133.6 million shares) in Shenzhen-based investment company, at 14.5 yuan/share

* Says offering period is 30 days

Source text in Chinese: goo.gl/S5KeO3

Further company coverage: (Beijing Headline News)

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