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Home / Metal News / Cathay Fortune Increases Shareholding in China Molybdenum by 1.99% of Equity

Cathay Fortune Increases Shareholding in China Molybdenum by 1.99% of Equity

iconJan 6, 2014 17:26
Hong Kong-based Cathay Fortune Investment Limited purchased 101 million H-shares of China Molybdenum Co. in December, increasing shareholding of the company by 1.99% of total equity.

SHANGHAI, Jan. 6 (SMM) – Hong Kong-based Cathay Fortune Investment Limited purchased 101 million H-shares of China Molybdenum Co. in December, increasing shareholding of the company by 1.99% of total equity.

After the purchases, Cathay Fortune holds a 36.01% stake in China Molybdenum, the world’s fourth-largest molybdenum producer told Shanghai Stock Exchange today.
 

Cathay Fortune Investment Limited
China Molybdenum Co.
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