Brief: GCL New Energy Says Suzhou GCl New Energy, Xian GCL New Energy & Hunan Xinhua Enter Deals

Dynasty Digital Holdings

30/08/2021 14:39

Aug 30 (Reuters) - GCL New Energy Holdings Ltd  0451.HK :
    * SUZHOU GCL NEW ENERGY, XIAN GCL NEW ENERGY & HUNAN XINHUA
ENTERED 10% STAKE SHARE PURCHASE DEALS
    * NET CASH PROCEEDS FROM DEALS EXPECTED TO BE ABOUT RMB1.20
BILLION
    * UNITS TO SELL 90% EQUITY INTEREST IN EACH OF SHENMU
PINGYUAN,
SHENMU PINGXI, SHENMU COUNTY JINGDENG AND XIXIAN NEW DISTRICT
GCL

Source text for Eikon:  ID:nHKS6MMfjl 
Further company coverage:  0451.HK 

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