China Knowledge reported that China Oil and Gas Group Ltd have inked a memorandum of understanding with Sino Advance to acquire an 8% stake in Sino Director for HKD 190 million.
Pursuant to the MOU, Sino Invent an indirectly wholly owned subsidiary of the buyer will pay HKD 180 million in
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Monday, November 29, 2010
China Oil and Gas to buy into Sino Director
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