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Huadian Fuxin Energy Corp Ltd enters into business co-operation and subscription of shares agreement with China WindPower Group Limited


Wednesday, 18 Dec 2013 05:06pm EST 

Huadian Fuxin Energy Corp Ltd:Says on Dec. 18, it entered into a business co-operation and subscription of shares agreement with China WindPower Group Limited.Says pursuant to which it agreed to co-operate with China WindPower in the sectors of wind power and solar energy and subscribe for 880,000,000 new shares at the subscription price in China WindPower.Says pursuant to the agreement, following completion of the subscription, the company will cooperate in the wind power sector with China WindPower.Says pursuant to the agreement, following completion of the Subscription, the company will cooperate in the solar energy sector with China WindPower.Says the total number of the subscription shares is 880,000,000 new Shares.Says the subscription price of HK$0.43 per subscription share.Says the aggregate subscription price amounts to H$378,400,000 is payable in cash by the company within three days after the agreement comes into effect. 

Company Quote

4.58
0.09 +2.00%
29 Aug 2014