KUNLUN ENERGY (HK:0135) has released an update.
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Kunlun Energy’s controlling shareholder, China National Petroleum Corporation (CNPC), has transferred 128.37 million shares to China Petrochemical Corporation to enhance strategic cooperation and optimize shareholding structure. This transfer, representing 1.48% of Kunlun Energy’s total issued capital, leaves CNPC with a 56.05% stake, maintaining its position as the controlling shareholder.
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