Guangzhou Guanggang Subsidiary to Sell Idle Assets in Property Exchange

MT Newswires Live
Aug 17

Guangzhou Guanggang Gases & Energy (SHA:688548) subsidiary Henan Guanggang will put up for sale two idle air separation plants built for client Henan Junhua Development, according to a Saturday filing with the Shanghai bourse.

Henan Guanggang will put up the assets for sale to recover its investment through a public listing on the Guangzhou Property Exchange with an initial listing price of 60.1 million yuan, the filing said.

The final price will be subject to the listing transaction price of the property exchange.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10