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United States

Aluminum Corp Of China Updates On Gratuitous Transfer Of State-Owned Equity Interest To Unit


Wednesday, 2 Jan 2019 07:39am EST 

Jan 2 (Reuters) - Aluminum Corp Of China Ltd <601600.SS>::CO RECEIVED NOTICE ON COMPLETION OF APPROVAL PROCEDURES FOR GRATUITOUS TRANSFER OF STATE-OWNED EQUITY INTEREST TO A UNIT.SASAC APPROVED TRANSFER OF 51% STATE-OWNED EQUITY INTEREST HELD BY YUNNAN SASAC IN YUNNAN METALLURGICAL GROUP TO CHINA COPPER.CHINALCO WILL EMBARK ON INTEGRATION OF BUSINESSES IN WHICH CHALCO COMPETES WITH YUNNAN ALUMINIUM IN 2019.