BRIEF-Hilong Holding Says Unit To Acquire 49% Stake In Shanghai Tube-Cote For RMB23.8 Mln

Sept 3 (Reuters) - Hilong Holding Ltd:

* UNIT TO ACQUIRE 49% STAKE IN SHANGHAI TUBE-COTE FOR RMB23.8 MILLION FROM UMW PETROPIPE

* HILONG TECHNOLOGY TO ACQUIRE FROM UMW PETROPIPE (L) 8.04% OF ITS STAKE IN JIANGSU TUBE-COTE FOR RMB4.2 MILLION Source text for Eikon: Further company coverage: