Brief: GNI Group unit GNI USA to sell stake in IriSys for $3.8 mln and GNI Group to acquire stake in GNI-EPS (HONG KONG) HOLDINGS for $4.2 mln

GNI

30/06/2017 07:24

June 30(Reuters) - GNI Group Ltd  2160.T  
     
    * Says its wholly owned unit GNI USA, Inc will sell 242,029 
voting rights in IriSys, LLC to EPS Americas, Corp., for $3.8 
million (425.2 million yen), on July 31, and will cut voting 
power in IriSys, LLC to 15 percent from 35 percent 
    * Says it will acquire 3.3 million shares of GNI-EPS (HONG 
KONG) HOLDINGS LIMITED for $4.2 million (470.4 million yen) on 
July 31, and will increase voting power in GNI-EPS (HONG KONG) 
HOLDINGS LIMITED to 53.6 percent from 43.1 percent  
 
     
    Source text in Japanese:https://goo.gl/K9NJBV 
    Further company coverage: 2160.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724; 
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))