Chongqing Water Group's (SHA:601158) unit, Chongqing Yuxi Water, acquired assets, claims and debts from the company's second-biggest shareholder, Chongqing Water Environment Holding Group, for 46.6 million yuan, according to a Shanghai bourse filing on Thursday.
The assets are the phase II expansion of the Tongan South District's wastewater treatment plant.
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