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China Agri injection

This article was originally published in The Public Ledger

SHARES in ChinaAgriIndustries rose 4.5% after asset injections worth HK$972.8m (US$125.4m) from its parent, Cofco Hong Kong.ChinaAgri said it would buy soyabean and peanut oil production and maize processing businesses in China from its controlling shareholder by the issue of 263.6m shares at HK$3.69.


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