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Shandong Gold controlling shareholder raises stake to 51.44 pct

BEIJING
2015-09-17 22:23

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Shandong Gold Industrial Investment has purchased 816,361 shares of Shandong Gold (600547.SH), 0.057 percent of the latter, at an average price of 15.86 yuan/share, the listed gold firm said on late Thursday.

Shandong Gold Industrial Investment is a wholly-owned subsidiary of Shandong Gold Group Co., Ltd., the controlling shareholder of the public firm Shandong Gold.

After the deal, Shandong Gold Group Co., Ltd. and its concerted action persons own a 51.44-percent stake in the listed gold miner.

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