|
BIZCHINA> Top Biz News
![]() |
|
China Southern Power Grid plans for listing
By Wang Xu and Si Tingting (chinadaily.com.cn)
Updated: 2009-03-10 16:17 China Southern Power Grid, the smaller of the two Chinese energy transmission companies, is transforming itself into a joint stock company in preparation for an eventual public listing, President Yuan Maozhen said on Tuesday.
The total assets of the company are currently valued at around 300 billion yuan ($43.86 billion). The company has completed the plan of joint stock transformation, Yuan said. Yuan said he is not sure when and where the company would launch its initial public offering (IPO), as the company is still waiting for government approval. China Southern Power provides energy to five southern provinces - Guangdong, Hainan, Guangxi, Yunnan and Guizhou. State Grid covers the rest of China. (For more biz stories, please visit Industries)
|
枣阳市| 桐城市| 金寨县| 临沂市| 新建县| 乌兰浩特市| 达孜县| 洛阳市| 尚志市| 夏河县| 马尔康县| 仙桃市| 黑龙江省| 湾仔区| 郓城县| 镇宁| 平邑县| 锡林浩特市| 额敏县| 湘潭市| 门源| 伊川县| 民乐县| 通州市| 汶川县| 右玉县| 登封市| 亚东县| 定襄县| 金乡县| 玛沁县| 葫芦岛市| 内江市| 沁源县| 江陵县| 六盘水市| 宜兴市| 襄樊市| 石渠县| 黄龙县| 太仆寺旗|