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651 — China Ocean Industry News Story

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Brief: China Ocean Industry Group Announces Disposal Of 20 Pct Stake In Zhejiang Ocean

Feb 28 (Reuters) - China Ocean Industry Group Ltd  0651.HK :
    * CHINA OCEAN INDUSTRY GROUP ANNOUNCES DISPOSAL OF 20%
EQUITY
INTEREST IN ZHEJIANG OCEAN
    * DEAL AT A MAXIMUM CONSIDERATION OF RMB170 MILLION
    * MERGE HAS CONDITIONALLY AGREED TO SELL AND CHINA MEDICAL
SERVICES HAS CONDITIONALLY AGREED TO PURCHASE EQUITY INTEREST

Source text for Eikon:  ID:nHKS8WFm35 
Further company coverage:  0651.HK 

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

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