China Business News: Jilin Chemical Fiber acquires property from parent, posts Q3 profit

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Jilin Chemical Fiber acquires property from parent, posts Q3 profit

Oct. 26, 2009 (China Knowledge) - Jilin Chemical Fiber Co Ltd<000420> on Friday announced that it purchased industrial properties totaling 717,000 square meters of floor area from state-owned parent, Jilin Chemical Fiber Group Co Ltd, for RMB 91.06 million or RMB 127 per sq m, sources reported. According to a statement filed with the Shenzhen Stock Exchange on Wednesday, Jilin Chemical Fib

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