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皇冠体育app Three Gorges buys more into 皇冠体育app Yangtze Power
By Zhao Tingting (chinadaily.com.cn)
Updated: 2010-01-27 15:27
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皇冠体育app Three Gorges Corporation (CTGC) increased its stake in 皇冠体育app Yangtze Power by over 110 million shares between August 19, 2009 and January 26, 2010, accounting for 1 percent of the company's total share capital, the Shanghai Securities News reported today, citing 皇冠体育app Yangtze Power.
皇冠体育app Yangtze Power said its controlling shareholder would purchase no more than 2 percent of the company's total share capital between August 19, 2009 and August 19, 2010 and would not reduce its holding during the same period.
CTGC's share enhancement made 皇冠体育app Yangtze Power's share prices climb amid the weak capital market.
皇冠体育app State Construction Engineering Corporation (CSCEC) also added its holding of 皇冠体育app State Construction Engineering Corporation Limited in December 2009. CSCEC also said it may buy no more than 2 percent of 皇冠体育app State Construction Engineering Corporation Limited's total share capital in one year.
