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BRIEF-Shanghai New Huang Pu Real Estate's shareholder to buy more shares in the company
March 3, 2017 / 11:22 AM / 9 months ago

BRIEF-Shanghai New Huang Pu Real Estate's shareholder to buy more shares in the company

March 3 (Reuters) - Shanghai New Huang Pu Real Estate Co Ltd

* Says its shareholder plans to invest between 500 million yuan ($72.50 million) and 1 billion yuan to increase stake in the next 3 months

* Says the shareholder held 10 percent stake in the company as of Feb 28

Source text in Chinese: bit.ly/2mlosPN

Further company coverage:

$1 = 6.8970 Chinese yuan renminbi Reporting by Hong Kong newsroom

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