Bigger stake for Pokphand
PUBLISHED : Wednesday, 12 May, 1993, 12:00am
UPDATED : Wednesday, 12 May, 1993, 12:00am
C.P. Pokphand has announced twin deals which will increase its effective stake in a motorcycle-manufacturing venture in Luoyang, Henan province, to 55 per cent.
The deals, one of which requires shareholder approval, will cost the company US$12 million.