Brief: Chu Kong Petroleum And Natural Gas Steel Pipe Says Unit To Sell 50% Stake In Al-Qahtani Pck Pipe

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings

26/04/2022 15:23

April 26 (Reuters) - Chu Kong Petroleum and Natural Gas
Steel Pipe Holdings Ltd  1938.HK :
    * UNIT TO SELL 50% EQUITY INTEREST IN AL-QAHTANI PCK PIPE
COMPANY
    * CONSIDERATION PAYABLE BY AHQ IS RMB70.55 MILLION
    * UPON COMPLETION, GROUP WILL CEASE TO HOLD ANY INTERESTS IN
JV CO

Source text for Eikon:  ID:nHKS8hlLf8 
Further company coverage:  1938.HK 

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