April 30, 2020 / 12:26 PM / a month ago

BRIEF-Shanghai Hongda Mining's Unit Plans Acquisition In Order For Co To Indirectly Own 80% Stake In U.S. MIVIP

April 30 (Reuters) - Shanghai Hongda Mining Co Ltd :

* SAYS UNIT AGREES TO BUY REMAINING 82.94% STAKE IN SHANGHAI TECHNOLOGY FIRM IN ORDER FOR CO TO INDIRECTLY OWN 80% STAKE IN U.S. MIVIP HEALTHCARE HOLDINGS LLC

* SAYS THE DEAL IS STILL IN PRELIMINARY STAGE AND FURTHER NEGOTIATION IS NEEDED Source text in Chinese: bit.ly/3bSxk5V Further company coverage: (Reporting by Hong Kong newsroom)

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