Brief: Shunfeng International Clean Energy updates on disposal of equity interests

Shunfeng International Clean Energy

30/12/2016 14:53

Dec 30 (Reuters) - Shunfeng International Clean Energy Ltd 
 1165.HK  
    * Wuwei Hareon Agreement in relation to proposed disposal of 
Wuwei Hareon, pursuant to which Jiangxi Shunfeng agreed to sell 
95% equity interest in Wuwei Hareon 
    * Jiangxi Shunfeng, purchaser and obligor entered into 
Keping Hareon agreement for proposed disposal of Keping Hareon 
    * Pursuant to Keping Hareon agreement Jiangxi Shunfeng 
agreed to sell 99.9% equity interest in Keping Hareon for 
rmb89.7 million 
    * Iangxi shunfeng (a wholly-owned subsidiary of company), 
purchaser and obligor entered into wuwei hareon agreement 
    * Shunfeng international clean energy - for wuwei hareon 
agreement  purchaser agreed to purchase 95% equity interest in 
wuwei hareon at a consideration of rmb96.3 million 
    * Jiangxi shunfeng, purchaser and obligor entered into 
suining hareon agreement in relation to proposed disposal of 
suining hareon 
    * Pursuant to suining hareon agreement jiangxi shunfeng 
agreed to sell 99.9% equity interest in suining hareon for 
rmb17.2 million 
 
Source text for Eikon:  ID:nHKS1R6LKt  
Further company coverage:  1165.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))