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BRIEF-Wangfujing Group to merge with international business development firm
August 21, 2017 / 3:06 PM / a month ago

BRIEF-Wangfujing Group to merge with international business development firm

Aug 21 (Reuters) - Wangfujing Group Co Ltd :

* Says it plans to issue 296,390,323 new shares and pay a total of 4.29 billion yuan to merge with international business development firm

* Says the company will survive and the international business development firm will be dissolved after merger

Source text in Chinese: goo.gl/KWC3dB

Further company coverage: (Beijing Headline News)

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