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BRIEF-Yintai Resources acquires additional stake in Shanghai firm for 530 mln yuan
October 23, 2017 / 4:17 AM / a month ago

BRIEF-Yintai Resources acquires additional stake in Shanghai firm for 530 mln yuan

Oct 23 (Reuters) - Yintai Resources Co Ltd

* Says it plans to acquire another 10.3991 percent stake in Shanghai firm for 529.97 million yuan ($79.92 million)

* Says it will own 10.6208 percent stake in Shanghai firm after transaction

Source text in Chinese: bit.ly/2yGhfNJ

Further company coverage: ($1 = 6.6315 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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