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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