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BRIEF-Shinih Enterprise unit to buy 20 pct stake in unit at up to $100,000
March 22, 2017 / 12:52 PM / 8 months ago

BRIEF-Shinih Enterprise unit to buy 20 pct stake in unit at up to $100,000

March 22 (Reuters) - Shinih Enterprise Co Ltd:

* Says its sub-subsidiary World Furniture Group will buy 20 percent stake in American Furniture Alliance Inc. at up to $100,000

* Says World Furniture Group will hold 100 percent stake in American Furniture Alliance Inc. after acquisition

Source text in Chinese: goo.gl/3RXLyN

Further company coverage: (Beijing Headline News)

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