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BRIEF-Lingyun Industrial to buy machinery industry firm and OLinkStar via share issue
June 13, 2017 / 7:14 AM / 6 months ago

BRIEF-Lingyun Industrial to buy machinery industry firm and OLinkStar via share issue

June 13(Reuters) - Lingyun Industrial Co Ltd :

* Says it plans to issue 113,099,791 new shares in private placement to buy OLinkStar Co., Ltd and Hebei Taihang Machinery Industries Co Ltd

* Transaction amount is 1.30 billion yuan

Source text in Chinese: goo.gl/viGIJ1

Further company coverage: (Beijing Headline News)

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