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    1938 — Chu Kong Petroleum and Natural Gas Steel Pipe Holdings News Story

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    Brief: Chu Kong Petroleum And Natural Gas Steel Pipe Holdings Announces Disposal Of Stake In Panyu Chu Kong Steel Pipe

    Picture of Chu Kong Petroleum and Natural Gas Steel Pipe Holdings logoChu Kong Petroleum and Natural Gas Steel Pipe Holdings
    27/02/2019 15:09
    Feb 27 (Reuters) - Chu Kong Petroleum and Natural Gas Steel
Pipe Holdings Ltd  1938.HK :
    * ANNOUNCES  DISPOSAL OF 80% STAKE IN PANYU CHU KONG STEEL
PIPE
CO. LIMITED
    * DEAL FOR A TOTAL CONSIDERATION OF RMB2,448 MILLION
    * CHU KONG PETROLEUM AND NATURAL GAS STEEL PIPE-GAIN ON
DISPOSAL
WOULD BE RMB2,283 MILLION IF NO PREMIUM IS RECEIVED AND RMB2,528
MILLION IF PREMIUM IS RECEIVED

Source text for Eikon:  ID:nHKS6BCWBG 
Further company coverage:  1938.HK 

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

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