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BRIEF-Shanghai Challenge Textile to sell stake in subsidiaries for 233.5 mln yuan in total
November 27, 2017 / 10:52 AM / 15 days ago

BRIEF-Shanghai Challenge Textile to sell stake in subsidiaries for 233.5 mln yuan in total

Nov 27 (Reuters) - Shanghai Challenge Textile Co Ltd :

* Says it plans to sell Hubei-based clothing unit for 16.5 million yuan

* It will sell Hubei-based textile unit for 213 million yuan

* It will sell 65 percent stake in Challenge Apparels Limited for 4 million yuan

Source text in Chinese: goo.gl/Dj6SoH

Further company coverage: (Beijing Headline News)

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