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Kunlun Energy Share Transfer Enhances Strategic Ties

Kunlun Energy Share Transfer Enhances Strategic Ties

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

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.

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

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