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BRIEF-Shenguan Holdings (Group) says unit enters equity transfer agreement with Guangxi Shenguan
March 13, 2017 / 11:34 AM / 5 months ago

BRIEF-Shenguan Holdings (Group) says unit enters equity transfer agreement with Guangxi Shenguan

March 13 (Reuters) - Shenguan Holdings (Group) Ltd

* Wuzhou Shenguan (a wholly-owned subsidiary of company) entered into equity transfer agreement with Guangxi Shenguan

* Guangxi Shenguan to dispose of and wuzhou shenguan to acquire 5% equity interest of Ferguson Wuhan at a consideration of rmb13.4 million

* Ferguson Wuhan will be owned as to 40%, 20%, 20% and 20% by Guangxi Shenguan, Gobitech Limited, Guangxi Guan Yu and Wuzhou Shenguan Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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