BEIJING (XFN) – Guangdong Guangdian Power Grid Co, which runs power transmission and distribution networks in Guangdong province, has postponed its global public share offering because of its merger with three other poorer counterparts, bankers involved said. Guangdong Guangdian Power originally planned to raise up to US$1.5 billion through a dual listing in Hong Kong…
CHINA: Guangdong Guangdian Power Grid postpones IPO on merger issues
Posted on March 17, 2003 by EnergyAsia