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6 months ago
BRIEF-Chang Wah Electromaterials to buy 40 pct stake in SH Asia Pacific Pte.Ltd. at 6 bln yen instead of 30 pct stake
February 16, 2017 / 3:34 AM / 6 months ago

BRIEF-Chang Wah Electromaterials to buy 40 pct stake in SH Asia Pacific Pte.Ltd. at 6 bln yen instead of 30 pct stake

Feb 16 (Reuters) - Chang Wah Electromaterials Inc:

* Says it will buy 40 percent stake in SH Asia Pacific Pte.Ltd. at 6 billion yen in total from SH Materials Co., Ltd., instead of 30 percent stake in SH Asia Pacific Pte. Ltd. at 4.5 billion yen

* Says it will hold 40 percent stake in the target company after acquisition

Source text in Chinese: goo.gl/hzdHk4

Further company coverage: (Beijing Headline News)

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