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BRIEF-Yanchang Petroleum International Announces Potential Legal Proceedings Against Unit

reuters.com · 06/09/2022 07:23
BRIEF-Yanchang Petroleum International Announces Potential Legal Proceedings Against Unit

- Yanchang Petroleum International Ltd YCGPF:

  • ANNOUNCES POTENTIAL LEGAL PROCEEDINGS AGAINST YANCHANG PETROLEUM (ZHEJIANG FTZ) LTD

  • CLAIM MADE BY CHONGQING SANYI LOGISTICS AGAINST UNIT FOR TRANSPORTATION FEES OF RMB47.5 MILLION

  • UNIT IN PROCESS OF NEGOTIATION WITH CHONGQING SANYI LOGISTICS CO

  • ASSETS OF UNIT IN AMOUNT OF ABOUT RMB47.5 MILLION HAVE BEEN FROZEN BY A COURT ORDER

Further company coverage: YCGPF


((Reuters.Briefs@thomsonreuters.com;))