DIWANG IND H priced at RMB 29.86 million to resell artificial leather subsidiary 24%
DIWANG IND H (01950.HK) announced the second sale of a 24% stake in its artificial leather chemicals business subsidiary - Zhejiang Shenlan to an independent third party, BlueOcean Investment (Global), for a cash consideration of RMB 29.86 million. Upon completion, the company's shareholding in Zhejiang Shenlan will decrease to 51%