Samson Paper takes over Jiangsu Yuan Tong Paper

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Samson Paper Holdings, Hong Kong, has taken over 99% of the shares in Jiangsu Yuan Tong Paper Co. Ltd. (JYTP) by acquiring Kingsrich Group Limited. According to Samson Paper, 1% of the shares in JYTP are still held by Jiangsu Nantong Ganghzha Economic Development Zone Corp. Samson Paper reports that the main reason ...

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