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19 Jul
04:41

BTR to join capital increase in Fujian Keda

Shanghai-listed Keda Industrial Group has announced that itself and the shareholders of Beijing-listed BTR New Material Group and Bestone (Xiamen) Investment Consulting plan to increase investment in Fujian Keda New Energy Technology, Kallanish learns.  According to Keda Industrial Group's announcement on 16 July, the total amount of this new round of investment will be about CNY 100 million ($14.82m). The remaining four major shareholders of Fujian …
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