Shandong High-speed Group Co., Ltd. cancelled the acquisition of 24.76% stake in Zhongrun Resources Investment Corporation from Huibang Investment & Development Ltd. and Jinan Investment Co., Ltd.
Shandong High-speed Group Co., Ltd. cancelled the acquisition of 24.76% stake in Zhongrun Resources Investment Corporation (SZSE:000506) from Huibang Investment & Development Ltd. and Jinan Investment Co., Ltd. on January 8, 2014. The transaction was cancelled as Shandong High-speed is unsure of obtaining approval for the transaction.