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BRIEF-Shanghai Sanmao Enterprise Group to dissolve JV and to acquire stake in international travel agency firm
October 20, 2017 / 11:46 AM / a month ago

BRIEF-Shanghai Sanmao Enterprise Group to dissolve JV and to acquire stake in international travel agency firm

Oct 20(Reuters) - Shanghai Sanmao Enterprise Group Co Ltd

* Says co plans to dissolve and liquidate a Shanghai-based investment management JV

* Says co plans to acquire 10 percent stake in a Shanghai-based international travel agency firm from co’s wholly owned venture capital unit, at the price of 1.6 million yuan

Source text in Chinese: goo.gl/2c6Gfk

Further company coverage: (Beijing Headline News)

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