Brief: GCL New Energy Holdings Says Henan GCL New Energy To Sell Yongcheng Xin Neng To State Power Investment Corporation Chongqing Electric Power Co
07/05/2021 14:45
May 7 (Reuters) - GCL New Energy Holdings Ltd 0451.HK :
* HENAN GCL NEW ENERGY TO SELL YONGCHENG XIN NENG TO STATE
POWER
INVESTMENT CORPORATION CHONGQING ELECTRIC POWER CO
* NET CASH PROCEEDS FROM TRANSACTIONS EXPECTED TO BE ABOUT
RMB251.7 MILLION
* GCL-POLY GROUP AND GNE GROUP WILL REALISE A NET GAIN ON
DISPOSAL
OF ABOUT RMB51.4 MILLION FROM DISPOSAL
Source text for Eikon: ID:nHKS10CMrr
Further company coverage: 0451.HK
((Reuters.Briefs@thomsonreuters.com;))
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