Yunnan Water Investment Co., Limited (06839) said it has resolved to dispose of 51% equity interest in Dongting Water. The potential disposal will be carried out through YNEX and the successful bidder will enter into the equity transaction agreement with the company according to the relevant rules and regulations of YNEX. The minimum consideration, being the initial bidding price for the disposal interest, is expected to be RMB76.50 million.
Dongting Water is principally engaged in investment in water conservancy projects, water projects, solid waste treatment projects and environmental control projects, etc.