January 12, 2017 / 1:03 PM / 8 months ago

BRIEF-Liaoning SG Automotive to sell company's shares to Hawtai Motor

Jan 12 (Reuters) - Liaoning SG Automotive Group Co Ltd

* Says biggest shareholder signs framework agreement to sell 133.57 million A-share in the company to Hawtai Motor at no lower than 23.21 yuan per share

* Says Hawtai Motor will hold 19.77 percent total issued share capital in the company after transaction

* Says share trade remains suspended

Source text in Chinese: bit.ly/2iKyd4V; bit.ly/2igkE0V

Further company coverage: (Reporting by Hong Kong newsroom)

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