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1080 — Shengli Oil & Gas Pipe Holdings News Story

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Brief: Shengli Oil & Gas Pipe says unit enters into capital increase agreement

Aug 10 (Reuters) - Shengli Oil & Gas Pipe Holdings Ltd 
 1080.HK : 
    * Announces entering into capital increase agreement in 
connection with acquisition of 45pct equity interests in 
Shanghai Guoxin Industrial Co 
    * Pursuant to deal Zhejiang Shengguan & Wen agreed to each 
make a capital contribution of RMB225 million to Shanghai Guoxin 
Industrial Co 
    * Unit entered into capital increase agreement with target 
company,  Wen and  Chen 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS859D1Z 
Further company coverage:  1080.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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