Brief: China Best Group Says Yuncheng City Wandefu Hot Power & Unit Entered Reorganisation Deal
08/09/2020 16:27
Sept 8 (Reuters) - China Best Group Holding Ltd 0370.HK :
* YUNCHENG CITY WANDEFU HOT POWER CO., LTD & UNIT ENTERED
REORGANISATION AGREEMENT
* AMOUNT OF INVESTMENT SUM PAYABLE BY UNIT IN RESPECT OF
REORGANISATION IS RMB110 MILLION
* UNIT ALSO AGREED TO BUY BACK TWO NATURAL GAS BOILERS AT
ORIGINAL
COSTS OF ABOUT RMB3.5 MILLION IN AGGREGATE
Source text for Eikon: ID:nHKS7yMnqq
Further company coverage: 0370.HK
((Reuters.Briefs@thomsonreuters.com;))
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