Registration was successful!
Please follow the link from the email sent to

China buys $939 mln interest in Kazakh oil, gas company

China buys $939 mln interest in Kazakh oil, gas company
China buys $939 mln interest in Kazakh oil, gas company - Sputnik International
Subscribe
China Investment Corporation (CIC) has paid $939 million for a stake in Kazakh oil and gas company KazMunaiGas (KMG), the Xinhua news agency reported on Wednesday.

MOSCOW, September 30 (RIA Novosti) -- China Investment Corporation (CIC) has paid $939 million for a stake in Kazakh oil and gas company KazMunaiGas (KMG), the Xinhua news agency reported on Wednesday.

It said CIC had purchased about 11 percent of KMG's Global Depository Receipts (GDRs).

KMG stocks are listed on the Kazakhstan Stock Exchange and its GDRs are traded on the London Stock Exchange.

The agency said KMG's GDRs rose 9.95 percent to $22.1 on Wednesday morning's trade in London.

 

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала