Brief: Zhonghong's unit to acquire stake in Chanco for 458.5 mln yuan

China International Development

02/11/2015 04:32

Nov 2 (Reuters) - Zhonghong Holding Co Ltd  000979.SZ  
    * Says indirect unit Zhurong Global Ltd to acquire about 
66.1 percent stake in Chanco Inernational  0264.HK  for 458.5 
million yuan  ($72.37 million) 
 
 
    Source text in Chinese: http://bit.ly/1k3z6Ww 
    Further company coverage:  000979.SZ  0264.HK  
 
($1 = 6.3180 Chinese yuan renminbi) 
 
 
($1 = 6.3359 Chinese yuan renminbi) 
 
 (Reporting by Hong Kong and Singapore newsrooms) 
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