Jiangsu Shagang Co. Ltd. cancelled the acquisition of 30% stake in Zhangjiagang Shagang Rural Microfinance Co Ltd. from Jiangsu Shagang Group Co., Ltd.
Jiangsu Shagang Co. Ltd. (SZSE:002075) cancelled the acquisition of 30% stake in Zhangjiagang Shagang Rural Microfinance Co Ltd from Jiangsu Shagang Group Co., Ltd. on January 17, 2014. The acquisition has not yet received the approval document from the Jiangsu Province People's Government Finance Office.