Partial Niutech Disposed US$4.2m17 Jul 2017 10:30
Partial Niutech Divestment
Origo is pleased to announce the sale of up to a 5.9% beneficial interest in Jinan Heng Yu Environmental Protection Technology Co., Ltd. ("Heng Yu"), the operating company of Niutech Energy Ltd ("Niutech"), an Origo investee company, for gross cash proceeds of up to RMB 28.5 million (approximately US$4.2 million) in two tranches (the "Disposals").