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2 months ago
BRIEF-Xiamen Unigroup Xue revises asset restructuring plan
June 14, 2017 / 1:51 AM / 2 months ago

BRIEF-Xiamen Unigroup Xue revises asset restructuring plan

June 14 (Reuters) - Xiamen Unigroup Xue Co Ltd

* Says it scraps plan to sell three companies including Xueda Education Group

* Says it scraps plan to acquire 51 percent stake in Prime Foundation Inc due to market conditions

* Says it plans to sell its Xiamen property development firm

* Says shares resumed trading on June 15

Source text in Chinese: bit.ly/2rtzXmt

Further company coverage: (Reporting by Hong Kong newsroom)

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