Brief: Shengli Oil & Gas Pipe To Dispose 45% Stake Held By Unit In Shanghai Guoxin Industrial
06/11/2020 09:02
Nov 6 (Reuters) - Shengli Oil & Gas Pipe Holdings Ltd
1080.HK :
* INTENDS TO DISPOSE OF 45% STAKE HELD BY ZHEJIANG SHENGGUAN
IN
SHANGHAI GUOXIN INDUSTRIAL
* MINIMUM BIDDING PRICE FOR POTENTIAL DISPOSAL TO BE RMB127
MILLION
* SEES A LOSS OF ABOUT RMB73 MILLION ON DISPOSAL
Source text for Eikon: ID:nHKS31vTVh
Further company coverage: 1080.HK
((Reuters.Briefs@thomsonreuters.com;))
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