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 Fangda Carbon New Material Co., Ltd. and Subsidiaries to Divest Holdings
 
CreateTime:2011-08-16     Source:Reuters Editor:lile
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Related Company：
Fangda Carbon New Material Co., Ltd.(600516.SH)

Monday, 20 Jun 2011 08:00pm EDT
Fangda Carbon New Material Co., Ltd. announced that the Company and its subsidiaries will divest a 52% stake in a Ningxia-based carbon company, a 66.7% stake in a Fushun-based carbon company and an 80% stake in a Sanmenxia-based carbon company to three other companies, at RMB 1.82 million, RMB 10,068,251.18 and RMB 19,553,562.57 respectively.
 
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