Brief: Sinomax acquires 51 pct equity interest of Chengdu Xingang Sponge
19/02/2016 09:20
Feb 19 (Reuters) - Sinomax Group Ltd 1418.HK : * Discloseable transaction in relation to the acquisition of 51% equity interest of Chengdu Xingang Sponge * Deal for RMB81.7 million * Sinomax Zhejiang entered into the acquisition agreement with Liu Jiaming * Payment of the consideration will be funded by internal resources of the group * Source text for Eikon ID:nHKS8yPcW8 ((For more news, please click here 1418.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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