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Faltec to transfer Chinese subsidiary
Faltec Co., Ltd. (Faltec) announced that it will transfer its entire equity in its Chinese subsidiary, Faltec Canton Co., Ltd. (Faltec Canton), to Guangdong TGPM Automotive Industry Group Co., Ltd. (Guangdong TGPM). The transfer price will be about CNY 25.7 million and all 70% of share and will be transferred. The op....
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