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505 — Xingye Alloy Materials News Story

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Brief: Xingye Alloy Materials Says Unit Entered Into Contract With Sojitz Machinery Corp For Aggregate Consideration Of Hk$96.3 Mln

Feb 8 (Reuters) - Xingye Alloy Materials Group Ltd
 0505.HK :
    * UNIT ENTERED INTO CONTRACT WITH SOJITZ MACHINERY
CORPORATION FOR
AGGREGATE CONSIDERATION OF HK$96.3 MILLION
    * DEAL FOR SALE & PURCHASE OF 20-HIGH FINISHING REVERSING
COLD
ROLLING MILL, & OTHER RELATED DELIVERABLES


Further company coverage:  0505.HK 

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))

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