Everest Kanto Cylinder's sale of subsidiary EKC Industries (Tianjin) to You Yuan Office Union receives approval ; stock soars 5%

Everest Kanto Cylinder on Wednesday received in India a remittance equivalent of RMB 54.62M and EKC International FZE, Dubai has received a remittance equivalent of RMB 30.77M, proportionate to their Shareholding of 63.96% and 36.04% respectively in EKC Industries (Tianjin) Co. Ltd.

from India Infoline News Service https://ift.tt/2PLYVzo