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  • Fine Holdings’ affiliates swap 70% stake for $770m
    Fine Holdings’ affiliates swap 70% stake for $770m
    Fine Technix (106240) announced on Sept. 20 that its Hong Kong affiliate Fine Holdings has sold 70 percent stake in its subsidiary FMS (Guangzhou) Electronics to another affiliate Jiangsu Fine DNC for US$ 770 million. By Park Yuna (yunapark@heraldcorp.com)
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Fine Holdings’ affiliates swap 70% stake for $770m

Sept. 20, 2016 - 16:40 By 박윤아
[DISCLOSURE] Fine Technix (106240) announced on Sept. 20 that its Hong Kong affiliate Fine Holdings has sold 70 percent stake in its subsidiary FMS (Guangzhou) Electronics to another affiliate Jiangsu Fine DNC for US$ 770 million.

By Park Yuna (yunapark@heraldcorp.com)
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