Tri-Ring Group to own over 30 percent share in Xiangyang Automobile Bearing  [ China ]

The Tri-Ring Group, Co., which now holds a 27.42 percent ownership in Xiangyang Automobile Bearing, is going to purchase part of the new Xiangyang Automobile Bearing shares to be issued by the company. Of the total 461.0798 million Xiangyang Automobile Bearing shares, the Tri-Ring will own the largest 210.5591 million shares, increasing its ownership to between 30 percent and 45.67 percent. (Fr...
<May 17, 2012>