Wai Chun Mining Industry Group (660 HK) signs MOU with chairman Lam Ching Kui and China Railway Resources and China Railway (Hong Kong) Engineering under China Railway Group (0390). Lam plans to sell and transfer certain amount of shares to China Railway (Hong Kong) Engineering. China Railway Resources and China Railway (Hong Kong) Engineering intend to utilize the company as flagship developing projects in the resources industry. (Hong Kong Economic Times A12)
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