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6616 — Global New Material International Holdings News Story

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Brief: Global New Material International Seeks Trading Halt

Feb 9 (Reuters) - Global New Material International 6616.HK:

TRADING HALT OF SHARES ON HONG KONG STOCK EXCHANGE WEF 9 FEBRUARY

AGREEMENT ENTERED ON 6 FEB BETWEEN TONGLU JUNHENG EQUITY INVESTMENT PARTNERSHIP & 2 MAJOR SHAREHOLDERS OF ZHEJIANG JIHUA GROUP CO

CONSIDERATION EXPECTED TO BE RMB1,494.5 MILLION

ZHEJIANG JIHUA TO BE NON-WHOLLY OWNED SUBSIDIARY OF CO FOLLOWING ACQUISITION COMPLETION

TONGLU JUNHENG EQUITY INVESTMENT PARTNERSHIP TO ACQUIRE 29.89% STAKE IN ZHEJIANG JIHUA

Further company coverage: 6616.HK

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

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