HONG KONG (AFX-ASIA) – CNPC (Hong Kong) Ltd has agreed to inject an additional 40 million yuan in cash to raise the registered capital of its 50% owned joint venture company North China Petroleum Steel Pipe Co Ltd. (US$1=8.28 yuan). The additional funding is required to set up a new factory in the Pudong economic…
CHINA: CNPC (HK) to inject additional 40 million yuan into North China Petroleum Steel
Posted on January 2, 2003 by EnergyAsia