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BRIEF-Ningbo Veken Elite Group announces shareholding structure changes
February 28, 2017 / 9:40 AM / in 10 months

BRIEF-Ningbo Veken Elite Group announces shareholding structure changes

Feb 28 (Reuters) - Ningbo Veken Elite Group Co., Ltd.:

* Says Yang Dongwen to raise stake in the co to 8.3 percent from 0 percent

* Says the shareholder, Ningbo-based holdings firm, to raise 7.2 percent stake in the co, up from 22.3 percent

* Says two Ningbo-based investment firms, as persons acting in concert, to jointly cut 5.5 percent stake in the co, down from 13.9 percent

Source text in Chinese:goo.gl/cWfqOc; goo.gl/Uf4GZD; goo.gl/3d0DVH

Further company coverage: (Beijing Headline News)

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