Brief: DeTai New Energy updates on acquisition of 60% equity interest in Xiaogan Petrochina Kunlun Gas Co
01/03/2016 14:55
March 1 (Reuters) - DeTai New Energy Group Ltd 0559.HK : * Newenergy-major transaction in relation to the acquisition of 60% equity interest in xiaogan petrochina kunlun gas co., limited 0559.HK * Purchaser, an indirect wholly-owned subsidiary of the company and the vendor entered into the investment agreement * Deal for at a cash consideration of RMB43.9 million * The total construction cost for each of the gas station shall be not more than RMB6 million * Says vendor guaranteed that the two new gas stations shall be in operation no later than 31 December 2016 * Source text for Eikon ID:nHKS20pF5q ((For more news, please click here 0559.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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