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BRIEF-China Shipbuilding Industry Group Sea Defense's shareholder buys stake, share trade to resume
September 5, 2017 / 12:37 PM / 3 months ago

BRIEF-China Shipbuilding Industry Group Sea Defense's shareholder buys stake, share trade to resume

Sept 5 (Reuters) - China Shipbuilding Industry Group Sea Defense and Information Confrontation Co Ltd

* Says shareholder has bought 5.0 percent stake in the company between July 27 and Sept 5

* Says the shareholder plans to keep increasing company stake by up to 2.0 billion yuan ($305.62 million) within 12 months

* Says share trade to resume on Sept 6

Source text in Chinese: bit.ly/2vHr7sv; bit.ly/2w2E2QU

Further company coverage: ($1 = 6.5440 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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