June 9, 2017 / 11:23 AM / 2 months ago

BRIEF-Shanghai DZH's controlling shareholder cuts stake, share trade to resume

1 Min Read

June 9 (Reuters) - Shanghai DZH Ltd

* Says controlling shareholder signs agreement to sell 400 million shares in the company, representing 20.1 percent of total issued share capital, at 4.30 yuan per share for 1.72 billion yuan ($253.08 million)

* Says shares to resume trading on June 12

Source text in Chinese: bit.ly/2sljNQQ

Further company coverage: ($1 = 6.7963 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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