Business Activities News
- Chongqing Beer to put assets into subsidiary
Date: 15-Dec-2006 Sources: (Shenzhen Daily)
CHONGQING Beer (Group) Co. plans to inject all of its brewery assets into its Shanghai-listed subsidiary Chongqing Brewery Co., the chairman of the State-owned parent said.
'We plan to list all of the group's brewery assets and will launch the plan six months from now,'Hua ZhengXing said Wednesday. Hua said that the listing might double the annual sales of the group's listed entity.
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