CNOOC Limited (SEHK: 883, NYSE: CEO) said it plans to seek shareholders’ permission to deposit some operating funds in China in a recent joint venture finance company formed with its parent company, CNOOC, and other sister companies. It will seek the approval at its next shareholders’ meeting. CNOOC Limited took a 31.8% stake in the…
CHINA: CNOOC Limited plans to deposit operating funds in CNOOC Finance
Posted on April 21, 2004 by EnergyAsia