Brief: Strong Petrochemical says unit to make capital commitment to fund of US$90 mln

Strong Petrochemical Holdings

07/09/2017 23:33

Sept 8 (Reuters) - Strong Petrochemical Holdings Ltd 
 0852.HK : 
    * Announces transaction for $100 million investment in GSR 
Electric Vehicle, L.P. and GSR Go Scale Capital Advisors under 
GSR Capital 
    * Green concept, sole limited and guarantor entered into 
sale and purchase agreement 
    * Unit Green Concept to make a capital commitment to fund of 
US$90 mln 
    * Unit to also buy shares of GSR GO Scale Capital Advisors 
at a consideration of US$10 mln 
 
Source text for Eikon:  ID:nHKS3q1n9b  
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