Brief: China Sanjiang Fine Chemicals says vendors entered SP agreement with purchasers
17/06/2016 15:53
June 17 (Reuters) - China Sanjiang Fine Chemicals Co Ltd 2198.HK : * Says the vendors entered into the sp agreement with the purchasers * Sp agreement for RMB306 million * On 17 June 2016 company entered into the LG agreement with Zhejiang Mei Fu Petrochemical * Says pursuant to SP agreement the vendors have conditionally agreed to sell the sale interest * Pursuant to LG deal, co agreed to provide loans to target co up to an amount of RMB1.05 billion * Source text for Eikon ID:nHKS73ZKXD ((For more news, please click here 2198.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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