Brief: Puxing Energy Announces Disposal Of 30% Stake In Zhejiang Puxing Deneng Natural Gas Power
Nov 22 (Reuters) - Puxing Energy Ltd 0090.HK :
* ANNOUNCES DISPOSAL OF 30% STAKE IN ZHEJIANG PUXING DENENG
NATURAL GAS POWER
* SHUNFA NENGCHENG CONDITIONALLY AGREED TO ACQUIRE, 30% OF
EQUITY
INTEREST IN TARGET CO FOR RMB61.3 MILLION
* INTENDS TO UTILISE PROCEEDS FROM DISPOSAL FOR DEVELOPMENT
OF
ENERGY- RELATED BUSINESS
Source text for Eikon: ID:nHKS3C0NF2
Further company coverage: 0090.HK
((Reuters.Briefs@thomsonreuters.com;))
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