granscole


logo


Saab saviour Pang Das sees its share rise



  

News widgets and RSS feeds on Feedzilla.com

Advertisement



Tuesday, 17 May 2011
Investors in China have responded positively to news of cooperation between Saab and car dealer Pang Da. The Chinese company's shares rose more than 4 percent in Tuesday morning trading on the Shanghai Stock Exchange, compared with a general rise of the Shanghai composite index by 0.6 percent.


Advertisement

Under the agreement with Saab owner Spyker,  Pang Da will initially pay €30 million, approximately SEK 270 million, for 1300 cars that start shipping in September.
By Scancomark.se Team


Print this article

What do you think about this article? Would you like to leave a comment? It will be much appreciated. You can also rate this article.

  • Should be Empty:



















































































logo
Scandinavian Companies & Market Magazine
(C) 2010  Granscole Establishment Sweden AB. Registered in Sweden as a Media Company. Organisation Number: 556782-6572
F-Skatt (VAT) Number: SE556782657201