CMOC Group (HKG:3993, SHA:603993) agreed to sell 65.1% equity interests in Xinjiang Luomu Mining to CITIC Guoan Industry Group for 2.9 billion yuan, a Wednesday filing with the Hong Kong Exchange said.
Upon completion of disposal, Xinjiang Luomu will cease to be a subsidiary of the company.
Price (HKD): $7.31, Change: $+0.07, Percent Change: +0.97%
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