Date
20 October 2017

China BlueChemical selling unit for 102.6 mln yuan, paper says

China BlueChemical Ltd. (03983.HK), a unit of state-owned China National Offshore Oil Corp. (CNOOC), is selling its wholly-owned unit China BlueChemical Baotou Coal Chemical Industry Co. Ltd. for 102.56 million yuan (US$16.81 million), the China Securities Journal reported Monday, citing information from the China Beijing Equity Exchange. According to the terms of the deal, the buyer must be a mainland-based, independent enterprise, the report said.

– Contact HKEJ at [email protected]

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