Affiliate of Yango’s controlling shareholder signs agreement for acquisition

Industry:    2016-07-21

Yango Group Co Ltd

* Says controlling shareholder’s affiliate signs agreement to acquire 50 percent stake in Full Choice Resources Limited for HK$821 million ($105.86 million)

Source text in Chinese: bit.ly/2a4MYhE

Further company coverage: ($1 = 7.7553 Hong Kong dollars) (Reporting by Hong Kong newsroom)

http://www.reuters.com/article/idUSL4N1A53BI

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