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Aluminum Corp Of China Updates On Disposal Of Stake In Inner Mongolia Fengrong By Unit


Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::DISPOSES 40% STAKE IN INNER MONGOLIA FENGRONG AND 60% STAKE IN NINGXIA FENGHAO BY UNIT TO CHINALCO ENVIRONMENTAL PROTECTION.CONSIDERATION FOR 40% STAKE RMB20 MILLION.DEAL FOR NINGXIA FENGHAO EQUITY TRANSFER AGREEMENT IS RMB21.5 MILLION.GAINS EXPECTED TO ACCRUE TO UNIT CHALCO ENERGY FROM DISPOSAL OF 60% STAKE IN NINGXIA FENGHAO ABOUT RMB3.5 MILLION.