Telecom Equipment News
- Datang investors to get bonus shares
Date: 27-Jul-2007 Sources: (Shenzhen Daily)
DATANG International Power Generation Co., a Hong Kong and Shanghai-listed electricity producer, plans to hand bonus shares to investors for the first time, doubling the amount of stock available for trading.
Datang Power will issue 4.2 billion yuan-denominated A shares in Shanghai and 1.6 billion Hong Kong-listed H shares, the Beijing-based firm said in a statement Thursday. Datang Power first unveiled the plan April 2, saying it would give investors 10 shares for every 10 held.
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