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励晶太平洋(00575.HK)终止出售曲靖大为焦化制供气25%股权

Regent Pacific (00575.HK) terminates the sale of 25% equity of Qujing Dawei Coking to Gas Supply

Gelonghui Finance ·  Jul 2 06:01

Regent Pacific (00575.HK) announced that the sale of 25% equity interest in Qujing Dawei coking gas supply has been terminated. After careful consideration and discussion, the seller and the buyer have decided not to continue with the sale. Several conditions were not met before the deadline specified in the sales agreement. After discussions between the seller, the buyer, and the target company regarding the remaining approval timetable in China, the seller and the buyer have decided not to extend the deadline, and the buyer has provided written notice of termination to the seller. Therefore, according to the terms and conditions of the sales agreement, the sale has been terminated.

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