UniTTEC Plans 75% Stake Sale of Ruian Wenrui Water Treatment for 32 Million Yuan

MT Newswires Live08-18

UniTTEC (SHE:000925) plans to sell a 75% stake in Ruian Wenrui Water Treatment to Hangzhou Shanyuyuan Environmental Protection for 32.3 million yuan.

The rail transit company will retain a 25% stake in Ruian Wenrui Water Treatment, according to a filing with the Shenzhen bourse.

Shares of UniTTEC closed 2% higher Monday.

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