Brief: China Oceanwide updates on tender for sale of interests in Shanghai Gang Lu and Shanghai Pu Gang

China Oceanwide Holdings

02/03/2017 12:19

March 2 (Reuters) - China Oceanwide Holdings Ltd  0715.HK  
    * Refers to announcement in relation to open tender process 
for public sale of 12% and 20% equity interests in Shanghai Gang 
Lu and Shanghai Pu Gang 
    * Unit submitted an application to bid for equity interests 
at consideration of RMB130.7 million and RMB 76.4 million 
    * COPIDL and COPSL received confirmations from Shanghai 
United Assets and equity exchange to become successful bidders 
for acquisition 
 
Source text for Eikon:  ID:nHKS4GR140  
Further company coverage:  0715.HK  
 
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