BEIJING (AFX-ASIA) – SP Power Development Co Ltd (SHA 600795) said its board of directors approved a proposal to buy a 35% stake in Hebei Handan Thermal Power Co Ltd for 275.03 million yuan from the listed company’s parent, China Guodian (Group) Corp. (US$1=8.27 yuan). After the deal is completed, SP Power Development will hold…
CHINA: SP Power Development to buy 35% stake in Hebei Handan Thermal Power
Posted on December 31, 2003 by EnergyAsia