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BRIEF-Shanghai Wanye Enterprises to invest in industry fund
April 28, 2017 / 11:50 AM / 8 months ago

BRIEF-Shanghai Wanye Enterprises to invest in industry fund

April 28 (Reuters) - Shanghai Wanye Enterprises Co Ltd

* Says it plans to invest 1.0 billion yuan ($145.05 million) in equipment materials industry fund

* Says it plans to sell property firm’s stake and creditors’ rights for 1.6 billion yuan

Source text in Chinese: bit.ly/2ptb6SB; bit.ly/2pb3Ryc

Further company coverage: ($1 = 6.8941 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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