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Article: HUNAN JINJIAN CEREALS TO POUR ADDITIONAL CNY50MN TO 2 ARMS

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AsiaInfo Services
Article date:
April 13, 2009
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AsiaInfo Services
04-13-2009
Hunan Jinjian Cereals to Pour Additional CNY50mn to 2 Arms

HUNAN, Apr 13, 2009 (SinoCast Daily Business Beat via COMTEX) -- Hunan Jinjian Cereals Industry Co., Ltd. (SHSE: 600127) agrees to invest an additional CNY 50 million to its two subsidiaries, according to its announcement released on April 11, 2009.

The listed company plans to additionally pour CNY 20 million into Hunan Lemile Family Marketing Company Limited, which will drive the latter's registered capital to grow to CNY 30 million from current CNY 10 million. And its holding in Lemile will jump to 100%.

In addition, the Shanghai-listed company is to inject an additional CNY 30 million into Hunan ...

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