December 19, 2017 / 3:31 AM / a month ago

BRIEF-Giant Manufacturing unit to acquire 100 pct stake in new material tech firm via share issue

Dec 19(Reuters) - Giant Manufacturing Co Ltd

* Says unit Giant Light Metal Technology (Kunshan) Co Ltd plans to acquire 100 percent stake in Kunshan-based new material technology firm via share issue, with expected completion date on Dec. 31

* Says co’s stake in the unit will be changed to 62.5 percent from 100 percent

Source text in Chinese: goo.gl/e85fZm

Further company coverage: (Beijing Headline News)

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