Brief: Shengli Oil & Gas Pipe enters agreement for interests in Shanghai Xinfeng Enterprise

Shengli Oil & Gas Pipe Holdings

27/09/2017 23:31

Sept 28 (Reuters) - Shengli Oil & Gas Pipe Holdings Ltd 
 1080.HK  
    * Enters equity transfer and capital increase agreement for 
31.88% equity interests in  shanghai xinfeng enterprise 
    * Deal for consideration of rmb191.42 million 
    * Zhejiang Shengguan to acquire and Zhongdian Jieneng to 
dispose of 25.5% equity interests of Shanghai Xinfeng Enterprise 
Group 
    * Upon completion total registered capital of shanghai 
xinfeng enterprise group will rise from rmb750 million to rmb820 
million 
 
Source text for Eikon:  ID:nHKS6f1J8r  
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