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BRIEF-First Steamship unit to buy 25 pct stake in Sandmartin International Holdings at up to HK$100 mln
October 3, 2016 / 3:42 PM / a year ago

BRIEF-First Steamship unit to buy 25 pct stake in Sandmartin International Holdings at up to HK$100 mln

Oct 3 (Reuters) - First Steamship and Sandmartin International Holdings :

* First Steamship’s subsidiary First Mariner Capital Ltd. will buy 655.8 million to 874.4 million shares (25 percent stake) of Sandmartin International Holdings at up to HK$100 million

* First Mariner Capital Ltd. will hold 25 percent stake in Sandmartin International Holdings after acquisition

Source text in Chinese: goo.gl/bLzJrj

Further company coverage: and (Beijing Headline News)

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