January 3, 2017 / 6:50 AM / 8 months ago

BRIEF-Huafon Microfibre announces shareholding structure changes

Jan 3 (Reuters) - Huafon Microfibre (Shanghai) Co., Ltd. :

* Says Xian Dan will raise stake in the co to 7.0 percent from 0 percent after the private placement of the co

* Says the stake of the controlling shareholder, a group of individuals and a firm, will be lowered to 29.96 percent from 35.97 percent after the private placement

Source text in Chinese:goo.gl/q8Dh9T; goo.gl/HiUFgD

Further company coverage: (Beijing Headline News)

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