Sinochem Energy, a unit of China’s Sinochem Group, has agreed to sell a 20per cent stake to five state-owned firms for 11.56 billion yuan (US$1.65 billion), Xinhua news agency reported.
Sinochem unit gets US$1.65 billion investment from state firms
Sinochem Energy, a unit of China’s Sinochem Group, has agreed to sell a 20per cent stake to five state-owned firms for 11.56 billion yuan (US$1.65 billion), Xinhua news agency reported.