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1193 China Resources Gas News Story

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Brief: China Resources Gas Says Entered Into Joint Investment Agreement

June 16 (Reuters) - China Resources Gas:
    * ENTERED INTO JOINT INVESTMENT AGREEMENT WITH JIAXING
RUNKANG AND
CHENGDU WENYUAN
    * JIAXING RUNKANG & CHENGDU WENYUAN SHALL CONTRIBUTE TOWARDS
DEPOSIT OF ABOUT RMB691.09 MILLION
    * PURSUANT TO DEAL, CO SHALL CONTRIBUTE ABOUT RMB622.69
MILLION
    * DEAL TO FORM CONSORTIUM TO JOINTLY PARTICIPATE IN BIDDING
FOR
ENTIRE STAKE IN DEYANG GAS HELD BY SICHUAN GUOKE ASSET
MANAGEMENT
    * DEAL TO FORM CONSORTIUM TO JOINTLY PARTICIPATE IN BIDDING
FOR
OTHER TARGET INTERESTS
    * POST BIDDING BY CONSORTIUM, DEYANG GAS TO BE HELD BY CO AS
TO
100%


Further company coverage:  1193.HK 

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

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