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2357 AviChina Industry & Technology Co News Story

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Brief: Avichina Industry & Technology Announces Shareholding Increase In Jonhon Optronic

Dec 18 (Reuters) - AviChina Industry & Technology Co Ltd
 2357.HK :
    * CO BOUGHT 1.3 MILLION A SHARES OF CHINA AVIATION
OPTICAL-ELECTRICAL TECHNOLOGY CO AT AVERAGE PRICE RMB34.95 PER
SHARE
    * CO TO USE OWN FUNDS TO INCREASE ITS SHAREHOLDING IN JONHON
OPTRONIC AT A PRICE OF NOT EXCEEDING RMB40 PER SHARE
    * TOTAL AMOUNT TO INCREASE CO'S SHAREHOLDING IN JONHON
OPTRONIC
WILL RANGE FROM RMB50 MILLION TO RMB100 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS90pWtt
Further company coverage:  2357.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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