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India

Shanghai Industrial Development Co Ltd (600748.SS)

600748.SS on Shanghai Stock Exchange

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Thu, Dec 14 2017

BRIEF-Shanghai Industrial Development to raise stake in Quanzhou-based firm to 51 pct

* Says it plans to acquire 2 percent stake in Quanzhou-based investment and development firm (target firm) from a limited partnership, at the price of 18.8 million yuan

BRIEF-Shanghai Industrial Development units to fully acquire two firms for 87 mln yuan in total

* Says property management unit will fully acquire Shanghai-based property management company for 70 million yuan

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