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1938 Chu Kong Petroleum and Natural Gas Steel Pipe Holdings News Story

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Brief: Chu Kong Petroleum & Natural Gas Steel Pipe Announces Proposed Share Premium Reduction

July 29 (Reuters) - Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Ltd 1938.HK:

PROPOSED THAT AMOUNT STANDING TO CREDIT OF SHARE PREMIUM ACCOUNT OF RMB767.1 MILLION BE REDUCED, CANCELLED

ACCUMULATED LOSS OF CO AFTER PROPOSED OFFSET SHALL AMOUNT TO RMB1.73 BILLION

Further company coverage: 1938.HK

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

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