You are here

Vanke scraps plan to buy transit-firm stake amid ownership spat

Shanghai

CHINA Vanke Co said shareholder dissent led it to scrap plans to issue new shares intended to fund the purchase of a stake in Shenzhen Metro Group Co.

Vanke terminated the plan to pay as much as 60 billion yuan (S$12.5 billion) for the stake in the urban-rail transit

sentifi.com

Market voices on:

Powered by GET.comGetCom