BRIEF-Xinchen China Power's Unit To Buy Sale Interest For Up To RMB147.1 Million

Reuters
Oct 16
BRIEF-Xinchen <a href="https://laohu8.com/S/02380">China Power</a>'s Unit To Buy Sale Interest For Up To RMB147.1 Million

Oct 16 (Reuters) - Xinchen China Power Holdings Ltd 1148.HK:

  • UNIT TO BUY SALE INTEREST FOR UP TO RMB147.1 MILLION

  • TO CONTRIBUTE US$5 MILLION TO TARGET CO

  • APPLICATION MADE BY CO TO STOCK EXCHANGE FOR RESUMPTION OF TRADING AT 1:00 P.M. ON 16 OCT

  • UNIT TO BUY STAKE WORTH 53% OF TOTAL REGISTERED CAPITAL OF ZHONGHANG LANTIAN EQUIPMENT MANUFACTURING

Further company coverage: 1148.HK

((Reuters.Briefs@thomsonreuters.com;))

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