June 13, 2017 / 9:30 AM / 2 months ago

BRIEF-Yuan Longping High-Tech Agriculture to acquire stake in seeds company for 124 mln yuan

June 13 (Reuters) - Yuan Longping High-tech Agriculture Co Ltd

* Says it plans to acquire 80 percent stake in Hunan seeds company for 124 million yuan ($18.24 million)

Source text in Chinese: bit.ly/2swqLCr

Further company coverage: ($1 = 6.7970 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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