March 2, 2018 / 1:47 AM / 4 months ago

BRIEF-Controlling shareholder signs agreements to transfer stake in Tianrun Crankshaft

March 2(Reuters) - Tianrun Crankshaft Co Ltd

* Says controlling shareholder signed an agreement to transfer 12 percent stake to the company’s actual controller Xing Yunbo, for 630.2 million yuan

* Says controlling shareholder signed an agreement to transfer 11.3 percent stake to a Shandong-based intelligent technology limited partnership, for 590.4 million yuan

* Says controlling shareholder holds 15.5 percent stake in the company after the transactions

Source text in Chinese:goo.gl/vCikuM

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below