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Nanjing Panda Electronics To Dispose 27% Stake In Nanjing Ericsson Panda Communication

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600775

Nanjing Panda Electronics Co Ltd 600775:

  • RESOLVED TO DISPOSE 27% EQUITY INTEREST IN NANJING ERICSSON PANDA COMMUNICATION

  • INITIAL BIDDING PRICE FOR DISPOSAL APPROXIMATELY RMB516.51 MILLION

  • 27% DISPOSAL INTEREST WILL BE LISTED FOR PUBLIC TENDER WITH 22% STAKE IN NANJING ERICSSON PANDA COMMUNICATION

AsiaReutersSaham China
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