Feb 28 (Reuters) - Sumitomo Forestry Co Ltd 1911.T :
* Says the co's wholly owned subsidiary Sumitomo Forestry Australia Pty Ltd plans to sell entire 100 percent stake in its Australia-based unit, Alpine MDF Industries Pty Ltd., to a Thailand-based firm Metro Particle Co., Ltd
* Says the selling price is at A$37 million
* Says the transaction effective in late March
Source text in Japanese:https://goo.gl/Zc8cIm
Further company coverage: 1911.T
(Beijing Headline News)