Hong Kong-China Resources Enterprise said October 18 it will sell its 100% interest in China Resources Petrochems Holdings Ltd to its parent China Resources (Holdings) Co Ltd for a cash consideration of HK2.78 billion (356.41 million).The transaction involves CRE's wholly-owned subsidiary Preparis disposing its entire holdings in China Resources Petrochems to China Resources (Holdings)'s wholly-owned subsidiary China Resources Petrochems Gas Group.
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