Brief: Towngas China Says Merger Of Joint Venture Companies
26/09/2024 11:11
Sept 26 (Reuters) - Towngas Smart Energy Co Ltd
1083.HK :
* MERGER OF JOINT VENTURE COMPANIES
* SHANDONG JIHUA IS TO BE MERGED INTO AND ABSORBED BY
SHANDONG
TOWNGAS
* SHANDONG TOWNGAS WILL BE OWNED AS TO 51% BY JINAN ENERGY
GROUP,
AS TO 30.3% BY HKCG (JINAN)
* ORIGINAL TOTAL COST OF ACQUISITION OF 49% EQUITY INTEREST
IN
SHANDONG TOWNGAS TO HKCG (JINAN) IS RMB343 MILLION
Further company coverage: 1083.HK
((Reuters.Briefs@thomsonreuters.com;))
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