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Article: Feishang Group buys NASDAQ-listed China Natural Resource.
- Article from:
- China Business News
- Article date:
- February 17, 2006
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Feishang Group buys NASDAQ-listed China Natural Resource
Shanghai. February 17. INTERFAX-CHINA - China's Feishang Industrial Group, a company with several metals-related holdings, recently acquired Nasdaq-listed China Natural Resource Inc. (CHNR).
Zhang Huachun, senior official with Feishang's enterprise cultural department, said Thursday the company acquired 86.4% of China Natural Resource, a Hong Kong-based media and public relations company, in the beginning of February.
China Natural Resource acquired Feishang Mining Co. Ltd, a subsidiary of Feishang Group, and then sold Feishang Group 14.50 mln common shares or 86.4% of the company on ...