Tapping mainland fax provider

PUBLISHED : Friday, 06 March, 1998, 12:00am
UPDATED : Friday, 06 March, 1998, 12:00am

Shougang Concord Technology Holdings will buy a 50 per cent stake, or 1.5 million shares, in international fax transmission services provider Jia Rong Technology Development for $40 million, to capitalise on the mainland's telecommunications market.


 

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