HONG KONG, Feb 16 (Reuters) - China's Geely Automobile Holdings Ltd. said it was selling HK$636 million (US$81.5 million) worth of new shares to a major shareholder, raising funds for an automobile parts-making joint venture in Shanghai.
Geely said in a statement it would sell 600 million new shares at HK$1.06 each to major shareholder Proper Glory Holding Inc. after the shareholder completed the sale of the same amount of existing shares at the same price to third party ...
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