Shandong Hi-Speed's Unit Plans To Sell Property Subsidiary
Shandong Hi-speed Co Ltd 600350:
SAYS UNIT PLANS TO SELL 60% STAKE IN INVESTMENT FIRM FOR AT LEAST 288.5 MILLION YUAN ($40.07 million)
SAYS UNIT PLANS TO SELL 100% STAKE AND CREDITORS' RIGHTS IN PROPERTY SUBSIDIARY FOR 2.1 BILLION YUAN
($1 = 7.2002 Chinese yuan renminbi)