Xinyi Glass shareholder selling $111 mln in stock

Reuters
May 26, 2009
COMMERCIAL, RETAIL, AUTO, FABRICATION : BUSINESS

The controling shareholder in China's Xinyi Glass Holdings Co. (0868.HK) is selling up to $111.3 million worth of shares in the company at a discount of 1.3 to 7.6 percent to its last closing price, according to a term sheet, according to a May 26 Reuters report.

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