亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线

Home / Business / Energy Tools: Save | Print | E-mail | Most Read | Comment
HK-listed firm to go public in Shanghai
Adjust font size:

Shanghai Electric Group Co, China's leading power equipment maker, said it would list on the Shanghai Stock Exchange tomorrow, after privatizing its previously locally-listed unit via a share swap.

The Hong Kong-listed company had issued 616 million yuan-denominated A shares at 4.78 yuan (69 US cents) each in exchange for shares of its 84-percent-owned unit Shanghai Power Transmission and Distribution Co, which delisted from the Shanghai bourse last month. Thus Shanghai Electric didn't raise money via the new listing.

Minority SPTD shareholders got 7.32 Shanghai Electric shares for each share they hold, or 28.05 yuan in cash.

"To return to A shares amid a weak market reflects the company's resolution in optimizing its structure and strengthening the core business," Shanghai Electric said in a statement yesterday.

The listing would create a platform for future fundraising and allow mainland investors to share the company's future growth, it said.

Shanghai Electric is involved in businesses ranging from power equipment, electromechanical equipment, transport equipment and environmental protection industries.

The company said all its business segments would benefit from the government's 4-trillion-yuan fiscal stimulus package announced last month.

The firm has been selected by Toronto-based CIC Energy Corp as the engineering and building contractor for a 1,320-megawatt power station in Botswana, a landlocked nation in south Africa, CIC revealed earlier this week.

Shanghai Electric shares closed 3.49 percent higher at HK$2.67 (34 US cents) in Hong Kong yesterday.

(Shanghai Daily December 4, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
    1. <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>
      <thead id="556nl"></thead>

      1. <em id="556nl"><tt id="556nl"></tt></em>
        <ul id="556nl"><kbd id="556nl"><form id="556nl"></form></kbd></ul>

        <ul id="556nl"><small id="556nl"></small></ul>
        1. <thead id="556nl"></thead>

          亚洲人成网站18禁止中文字幕,国产毛片视频在线看,韩国18禁无码免费网站,国产一级无码视频,偷拍精品视频一区二区三区,国产亚洲成年网址在线观看,国产一区av在线 人妻无码久久影视 日韩久久久久久久久久久久 精品国产香蕉伊思人在线 无码国产手机在线a√片无灬 91在线视频无码