Brief: Honghua Group Says Unit & Kuwait Drilling Company Enter Agreement
26/11/2018 09:47
Nov 26 (Reuters) - Honghua Group Ltd 0196.HK :
* UNIT AND KUWAIT DRILLING COMPANY ENTERED INTO A SALE AND
PURCHASE AGREEMENT
* CONSIDERATION AMOUNTS TO AN AGGREGATE OF ABOUT USD30
MILLION
* HONGHUA GOLDEN COAST EQUIPMENT FZE TO SELL TO KUWAIT
DRILLING
COMPANY 1 UNIT OF LAND DRILLING RIG
Source text for Eikon: ID:nHKS57KHVL
Further company coverage: 0196.HK
((Reuters.Briefs@thomsonreuters.com;))
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