HONG KONG: Fountain Set sells 34% stake to Chinatex
Hong Kong listed knitted fabric manufacturer Fountain Set (Holdings) Ltd is selling a 34% stake in its business to China's state-owned cotton trader Chinatex Corp for HKD511.3m (US$65.8m).
Hong Kong listed knitted fabric manufacturer Fountain Set (Holdings) Ltd is selling a 34% stake in its business to China's state-owned cotton trader Chinatex Corp for HKD511.3m (US$65.8m).