Brief: China Oil Gangran Energy, Yantai Yindu Industry & Shandong Pan-Asia Enter Strategic Cooperation Framework Deal
11/10/2021 03:06
Oct 11 (Reuters) - China Oil Gangran Energy Group Holdings
Ltd 8132.HK :
* CO, YANTAI YINDU INDUSTRY & SHANDONG PAN-ASIA ENTERED
STRATEGIC
COOPERATION FRAMEWORK DEAL
* YANTAI YINDU PROPOSES TO SELL 51% EQUITY INTERESTS IN
SHANDONG
PAN-ASIA TO CO AND UNIT
* AFTER COMPLETION OF ACQUISITION, CO TO DEVELOP LNG IMPORT
AND
TRADING BUSINESS DOMESTICALLY AND INTERNATIONALLY
Further company coverage: 8132.HK
((Reuters.Briefs@thomsonreuters.com;))
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