Brief: Binhai Investment Says Unit Entered Into Agreement Of Intent With Tianjin Teda-Nangang Development

Binhai Investment

19/09/2022 07:10

Sept 19 (Reuters) - Binhai Investment Co Ltd  2886.HK :
    * UNIT ENTERED INTO AGREEMENT OF INTENT IN RESPECT OF
PROPOSED
ACQUISITION WITH TIANJIN TEDA-NANGANG DEVELOPMENT
    * BINHAI INVESTMENT (TIANJIN) SHALL PAY EARNEST MONEY OF
RMB150
MILLION TO TEDA-NANGANG WITHIN 5 BUSINESS DAYS FROM DATE OF DEAL
    * PROPOSED ACQUISITION, SUBJECT TO NEGOTIATIONS, IS FOR
GROUP TO
ACQUIRE 2% STAKE IN SINOPEC LNG

Source text for Eikon:  ID:nHKS2BzqYz 
Further company coverage:  2886.HK 

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