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Shanghai Highly buys Qingdao Sanyo
By STAFF EDITOR
Published: July 08, 2007 02:08 PM
Shanghai Highly (Group) Co Ltd purchased a 100% stake in Qingdao Sanyo from Japanese Sanyo Electric Co Ltd for US$5.72 million (RMB43.5 million) Thursday, the 21st Century Business Herald reported. According to Shanghai Certified Assets Assessment Co Ltd, Qingdao Sanyo’s net assets were worth US$16.84 million (RMB 128 million) ...
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