26
Feb
03:15
Lingyuan Steel to arrange 25% share transfer
The listed arm of Lingyuan Iron & Steel (Linggang) on 25 February reported to the Shanghai Stock Exchange (SSE) that 25.7% of the listed company's shares will be transferred to new holders. After the completion of the transaction, Huafu Fund and Guangfa Fund will no longer hold shares in Linggang, and Tianjin RockCheck and Fangda Group will control 19.94% and 6.5% of Linggang respectively, Kallanish notes.
According to SSE, Huafu…
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