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BRIEF-Sinomach Automobile acquires 51 pct stake in Ningshing's auto unit for 135 mln yuan
June 3, 2014 / 5:02 AM / 4 years ago

BRIEF-Sinomach Automobile acquires 51 pct stake in Ningshing's auto unit for 135 mln yuan

June 3 (Reuters) - Sinomach Automobile Co Ltd

* Says to acquire 51 percent stake in Ningbo Ningshing Holdings Corp’s auto unit for 135.05 million yuan ($21.62 million)

Source text in Chinese: link.reuters.com/nes79v

Further company coverage:

($1 = 6.2473 Chinese Yuan Renminbi)

Reporting by Hong Kong newsroom

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