KUNLUN ENERGY Optimizes Portfolio with Strategic Sales
Company Announcements

KUNLUN ENERGY Optimizes Portfolio with Strategic Sales

KUNLUN ENERGY (HK:0135) has released an update.

KUNLUN ENERGY has announced the sale of its equity interests in three subsidiaries to PetroChina, aiming to streamline its focus on its core LPG and urban gas distribution and sales business. The disposals are part of connected transactions under the Listing Rules but do not require independent shareholder approval. This strategic move is expected to enhance KUNLUN ENERGY’s market share and business efficiency.

For further insights into HK:0135 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskKunlun Energy Proposes KPMG as New Auditor
TipRanks HongKong Auto-Generated NewsdeskKunlun Energy Announces Interim Dividend Payout
TipRanks HongKong Auto-Generated NewsdeskKunlun Energy Reports Growth and First Dividend
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App