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China Yangtze Power completes share transfer procedure |
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News Archive -
Coal & Electric Power -Oct news
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(Sina.com, Oct 23, 2006) On Oct. 18, China Yangtze Power Co., Ltd completed the procedure to acquire unlimited circulation stocks of Guangzhou Development Industry (Holdings) Co., Ltd from Guangzhou Development Industry Co., Ltd. After the share transfer, China Yangtze Power Co., Ltd will hold up to 231.42m shares of Guangzhou Development Industry (Holdings) Co., Ltd, accounting for 11.238 per cent of total and becoming second biggest shareholder of the acquired company.
source:Sina.com |