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4 months ago
BRIEF-Xinchen China Power says unit entered into C3 assets transfer agreement
April 11, 2017 / 12:51 PM / 4 months ago

BRIEF-Xinchen China Power says unit entered into C3 assets transfer agreement

April 11 (Reuters) - Xinchen China Power Holdings Ltd

* Unit and bba entered into C3 assets transfer agreement

* BBA will transfer to Mianyang Xinchen C3 acquired assets and transferred contracts

* Mianyang xinchen and Xinhua Combustion engine entered into consultation framework agreement

* Deal for a consideration of approximately rmb419.9 million

* Pursuant to consultation framewok deal Xinhua Combustion Engine will provide Mianyang Xinchen with certain technical consultation services for RMB11.38 million Source text for Eikon: Further company coverage:

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