BRIEF-China Marine Information Electronics Plans Share Buyback

Reuters

16 October 2018 at 5:05 am

Oct 16 (Reuters) - China Marine Information Electronics Co Ltd:

* SAYS IT PLANS TO BUY BACK 15-23 MILLION YUAN ($2.17-$3.32 million) WORTH OF COMPANY SHARES WITHIN SIX MONTHS

* SAYS CONTROLLING SHAREHOLDER, PARTIES ACTING IN CONCERT PLAN TO BUY 100-600 MILLION YUAN WORTH OF COMPANY SHARES WITHIN SIX MONTHS

* SAYS TRADING IN SHARES TO RESUME ON OCT 17 Source text in Chinese: https://bit.ly/2yFOSzH; https://bit.ly/2QV3rXK; https://bit.ly/2EmnyfO Further company coverage: ($1 = 6.9176 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)