HONG KONG (AFX-ASIA) – Shenyang Public Utility Holdings Co Ltd said Beijing Beida Hi-Tech Industrial Ltd will inject 1.250 bln yuan into its controlling shareholder Shenyang Public Utility Group Co Ltd (SPU) in exchange for a 50% interest in SPU. (US$1=HK$7.87). In a statement, Shenyang Public Utility said Beijing Beida Hi-Tech, a company controlled by…
CHINA: Shenyang Public Utility controlling shareholder to receive capital injection
Posted on August 8, 2002 by EnergyAsia