May 3, 2018 / 3:28 AM / 3 months ago

BRIEF-Jiangsu Hongda New Material to fully own 75 pct-owned unit for 37.2 mln yuan

May 3(Reuters) - Jiangsu Hongda New Material Co Ltd

* Says it plans to acquire 25 percent stake in a 75 percent-owned unit, which is mainly engaged in production and sales of silica gel and silicone oil, for 37.2 million yuan

Source text in Chinese:goo.gl/BUUEik

Further company coverage: (Beijing Headline News)

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