China Glass said its strategic investor Pilkington has exercised its option to increase its holding in the company to 29.9% from 9.9%.
International Financial Corporation (IFC) has become another str…
China Glass said its strategic investor Pilkington has exercised its option to increase its holding in the company to 29.9% from 9.9%. International Financial Corporation (IFC) has become another strategic investor of China Glass by means of a new share subscription. IFC holds a 3.37% stake in China Glass, newspaper the Economic Journal reported. Trading in shares of China Glass Holdings Ltd. was suspended on 30 March 2007 pending the announcement.