February 5, 2018 / 10:45 AM / 3 months ago

BRIEF-Jiangyin Haida Rubber and Plastic buys 95.3 pct stake in Ningbo Keno Aluminium

Feb 5 (Reuters) - Jiangyin Haida Rubber and Plastic Co Ltd :

* Says it completed acquisition of 95.3 percent stake in Ningbo Keno Aluminium Co.,Ltd

* It will pay cash of 107.2 million yuan and issue 25.6 million new shares for transaction payment

Source text in Chinese: goo.gl/Fg4757

Further company coverage: (Beijing Headline News)

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