February 28, 2018 / 3:18 AM / 3 months ago

BRIEF-Shanghai Ganglian E-commerce Holdings to subscribe 28.2 pct stake in IT firm for 40 mln yuan

Feb 28(Reuters) - Shanghai Ganglian E-commerce Holdings Co Ltd

* Says it plans to subscribe 28.2 percent stake in a Shandong-based IT firm for 40 million yuan

* Says it will increase stake in the IT firm to 51.8 percent after the subscription

Source text in Chinese:goo.gl/AYx2Tw

Further company coverage: (Beijing Headline News)

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