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;))