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REFILE-BRIEF-Fangda Jinhua Chemical Technology scraps acquisition, to invest in two tech firms
June 14, 2017 / 12:33 PM / 3 months ago

REFILE-BRIEF-Fangda Jinhua Chemical Technology scraps acquisition, to invest in two tech firms

(Refiles to add bullet point, link)

June 14 (Reuters) - Fangda Jinhua Chemical Technology Co Ltd

* Says share trade to resume on June 15

* Says it scraps asset acquisition proposal

* Says it signs framework agreements to buy stakes in two tech firms for a combined up to 1.1 billion yuan ($161.87 million)

Source text in Chinese: bit.ly/2rh6n4t; bit.ly/2szL0iQ; bit.ly/2tlnra4

Further company coverage: ($1 = 6.7955 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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