Brief: China Conch Venture Says Co's Unit And Units Of Agile Entered LOI For Possible Acquisitions Of Stakes In 6 Cos

China Conch Venture Holdings

28/01/2022 14:22

Jan 28 (Reuters) - China Conch Venture Holdings Ltd
 0586.HK :
    * CO'S UNIT AND UNITS OF AGILE ENTERED LOI FOR POSSIBLE
ACQUISITIONS OF EQUITY INTERESTS IN SIX COMPANIES
    * ON 12 JAN, UNIT BOUGHT GUANTAO COUNTY ZHENGHAO
ENVIRONMENTAL
PROTECTION TECHNOLOGY FOR RMB248.1 MILLION
    * UNIT TO BUY 95% OF CHIPING COUNTY GUOHUAN RENEWABLE ENERGY
FROM
UNIT OF AGILE FOR RMB134.9 MILLION
    * UNIT TO BUY LUANZHOU YAXIN ENVIRONMENTAL PROTECTION ENERGY
FROM
UNIT OF AGILE FOR RMB217.3 MILLION
    * UNIT TO BUY 90% STAKE IN GUAN COUNTY GUOHUAN WASTE
TREATMENT FOR
RMB 134.7 MILLION
    * UNIT TO BUY 90% OF JINXIANG SHENGYUN ENVIRONMENTAL
PROTECTION
POWER FROM UNIT OF AGILE FOR RMB64.6 MILLION

Further company coverage:  0586.HK 

 ((Reuters.Briefs@thomsonreuters.com;))