10:05 AM EST - McVicar Industries Inc. : said its Hong Kong subsidiary, McVicar Advanced Materials Co. Ltd. signed an agreement with Sanlong Holdings Co. Ltd. to exchange Sanlong's 9.5% equity interest in McVicar Advanced Materials for a 38% equity interest in McVicar Advanced Materials' subsidiary Hangzhou Changlong Chemical Co. Ltd. As a result of this transaction, McVicar's interest in McVicar Advanced Materials will be increased from 90.5% to 100% while McVicar Advanced Materials' interest in Changlong will go from 100% to 62%. McVicar Industries Inc.
shares V.MCV are trading unchanged at $0.25.
