Singapore-listed China Petrotech Holdings Limited said its wholly-owned subsidiary, Market Wisdom Limited (MWL), has signed an agreement with Xi’an Mai Pu Investment Development Limited to acquire its entire 70% equity interest in Shaanxi Long Top Technology Co Ltd (SLTT) for RMB 25.9 million in cash. (US$1=RMB8.27). The agreement was signed on January 20. The…
SINGAPORE: China Petrotech Holdings acquires 70% stake in Chinese technology company
Posted on January 26, 2005 by EnergyAsia