May 3, 2018 / 2:27 AM / 7 months ago

BRIEF-Controlling shareholder to sell 5.08 pct stake in Ourpalm for 718.6 mln yuan

May 3(Reuters) - Ourpalm Co Ltd

* Says its controlling shareholder Yao Wenbin signs agreement to sell 5.08 percent stake in the company to Liu Huicheng, for 718.6 million yuan

* Says Yao Wenbin will hold a 6.98 percent stake in the company after the transaction

Source text in Chinese:goo.gl/Y2F9DG

Further company coverage: (Beijing Headline News)

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