China National Petroleum Trims Direct Stake in China Petroleum Engineering

MT Newswires Live

2024-11-13

China National Petroleum is trimming its direct stake in China Petroleum Engineering (SHA:600339) to 45.99% from 54.29%.

The 8.3% stake was transferred to China Petroleum & Chemical (SHA:600028, HKG:0386) unit Sinopec International Investment, according to a Wednesday filing with the Shanghai bourse.

China National Petroleum held on to its 17.91% indirect stake in China Petroleum Engineering.

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