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BRIEF-Shenzhen Ideal Jewellery to issue shares in exchange for 100 pct stake in Shandong jewelry firm
March 30, 2017 / 7:06 AM / 8 months ago

BRIEF-Shenzhen Ideal Jewellery to issue shares in exchange for 100 pct stake in Shandong jewelry firm

March 30 (Reuters) - Shenzhen Ideal Jewellery Co., Ltd.:

* Says the co plans to issue shares in exchange for 100 percent stake in Shandong-based jewelry firm

* Says the acquisition price is set at 1.02 billion yuan

* Says the shareholders of the jewelry firm, Han Wenbo and Han Wenhong, will raise 5.1 percent and 6.3 percent in the co respectively

Source text in Chinese:goo.gl/cPCxII; goo.gl/ffnmRR

Further company coverage: (Beijing Headline News)

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