Brief: China Gas Holdings Announces Strategic Cooperation Agreement With Vitol Asia Pte
25/11/2021 22:30
Nov 26 (Reuters) - China Gas Holdings Ltd 0384.HK :
* ENTERING INTO STRATEGIC COOPERATION AGREEMENT WITH VITOL
ASIA
PTE LTD
* CO AND VITOL ASIA PTE ENTERED A STRATEGIC COOPERATION
AGREEMENT
* PARTIES INTEND TO ESTABLISH A JOINT VENTURE COMPANY IN
SINGAPORE
* JV CO PROPOSED TO BE ESTABLISHED IN SINGAPORE WITH A 50%
SHAREHOLDING BY EACH PARTY
* JV CO TO PROMOTE LNG SUPPLY SERVICES, FINANCIAL SERVICES,
RISK
MANAGEMENT, COORDINATE TO OPEN UP VERTICAL LNG INDUSTRIAL CHAIN
Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/1126/2021112600007.pdf
Further company coverage: 0384.HK
((Reuters.Briefs@thomsonreuters.com;))
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