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BRIEF-Ningxia Zhongyin Cashmere to buy majority stake in communication firm PHICOMM
April 28, 2017 / 1:50 AM / 5 months ago

BRIEF-Ningxia Zhongyin Cashmere to buy majority stake in communication firm PHICOMM

April 28(Reuters) - Ningxia Zhongyin Cashmere Co Ltd

* Says it plans to buy shares aiming to hold controlling stake in Shanghai-based data communication firm PHICOMM, which is engaged in production and sale of communication equipments

* Says it plans to sell its all or part of assets and liabilities, to controlling shareholder

Source text in Chinese:goo.gl/f6AOSJ

Further company coverage: (Beijing Headline News)

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