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BRIEF-Guangzhou Yuetai to invest in health firm, controlling shareholder to reduce stake
October 18, 2016 / 11:47 AM / a year ago

BRIEF-Guangzhou Yuetai to invest in health firm, controlling shareholder to reduce stake

Oct 18 (Reuters) - Guangzhou Yuetai Group Co Ltd

* Says it plans to invest up to 180 million yuan ($26.72 million) in health industry firm

* Says controlling shareholder plans to reduce 90-130 million shares in the company in six months

Source text in Chinese: bit.ly/2dknfUS; bit.ly/2egwrrj

Further company coverage: ($1 = 6.7372 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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