December 29, 2017 / 2:53 AM / 23 days ago

BRIEF-Dongxu Optoelectronic Technology and unit to buy stake in units from controlling shareholder

Dec 29 (Reuters) - Dongxu Optoelectronic Technology Co Ltd :

* Says it plans to use 197.8 million yuan to acquire remaining 5 percent stake in its Wuhu-based optoelectronic equipment tech unit, from co’s controlling shareholder Tunghsu Group Co Ltd

* And the Wuhu-based optoelectronic equipment tech unit will use 7.5 million yuan to acquire remaining 5 percent stake in its Shijiazhuang-based optoelectronic equipment tech unit, also from co’s controlling shareholder Tunghsu Group

Source text in Chinese: goo.gl/cKfLgW

Further company coverage: (Beijing Headline News)

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