Brief: AAG Energy Says Unit Entered JV Agreement With Xinjiang Xintai Natural Gas

AAG Energy Holdings

18/01/2022 10:26

Jan 18 (Reuters) - AAG Energy Holdings Ltd  2686.HK :
    * UNIT ENTERED JV AGREEMENT WITH XINJIANG XINTAI NATURAL GAS
CO.,
LTD.
    * REGISTERED CAPITAL OF JOINT VENTURE COMPANY IS RMB50.0
MILLION
    * UNIT AND XTRQ AGREED TO MAKE A CAPITAL CONTRIBUTION OF
RMB24.5
MILLION AND RMB25.5 MILLION, RESPECTIVELY
    * JOINT VENTURE CO WILL ENGAGE IN RESEARCH AND DEVELOPMENT
OF
GEOLOGICAL RESERVE TECHNOLOGY, AMONG OTHERS

Further company coverage:  2686.HK 

 (Reporting by Harshita Swaminathan)
 ((Harshita.Swaminathan@thomsonreuters.com;))