BRIEF-China Xlx Fertiliser Says Disposal Of 100% Stake In Manas Tianxin Coal

Reuters05-29

May 28 (Reuters) - China Xlx Fertiliser Ltd :

* DISPOSAL OF 100% STAKE IN MANAS TIANXIN COAL

* TOTAL CONSIDERATION OF RMB1,374 MILLION

* XINJIANG BLACKSTONE ENERGY, ANHUI LINGTONG, OTHERS, ENTERED DEFINITIVE TRANSACTION DOCUMENTS FOR AGREEMENT DATED 10 MAY

* CO EXPECTS TO REALIZE INVESTMENT GAIN OF RMB477 MILLION ON DISPOSAL

Further company coverage:

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

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.

Comments

We need your insight to fill this gap
Leave a comment