Brief: China Ground Source Energy says unit HYY entered into agreement with purchaser Sibolian

Sino Energy Conservation International

02/01/2017 10:38

Jan 2 (Reuters) - China Ground Source Energy Industry Group 
Ltd  8128.HK : 
    * Sibolian as purchaser and HYY as vendor entered into 
property usage right transfer agreement 
    * HYY agreed to sell, and Sibolian agreed to purchase, 
property usage right at consideration of RMB45.1 million 
    * Capital gain expected to accrue to company as a result of 
disposal is expected to be approximately RMB19.9 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbB45r2 
Further company coverage:  8128.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com))