BRIEF-Shanghai Kaichuang Marine International's shareholder cuts stake in the company

March 29 (Reuters) - Shanghai Kaichuang Marine International

Co Ltd

* Says shareholder Holley Worldwide Holdings has cut 8

percent stake in the company between Nov 2, 2016 and Feb 16,

2017

* Says Holley's holdings in the company reduced to 0.89

percent after transactions

Source text in Chinese: http://bit.ly/2o9J52w

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(Reporting by Hong Kong newsroom)