Dalian Thermal Power Rises Daily 10 Percent Limit on Asset Transfer Plan
By Bloomberg News -
2010-12-28T05:38:14Z
Dalian Thermal Power Co., an electric station operator, rose by 10 percent daily limit after saying the company’s asset transfer plan is pending government approval.
Dalian Thermal jumped 0.91 yuan to 10.01 as of 1:37 p.m. in Shanghai. The company’s largest shareholder Dalian State-owned Asset Management Commission plans to transfer a 39.2 percent stake to Dalian Thermal, it said in a statement to Shanghai Stock Exchange yesterday.
To contact the reporter on this story: Bloomberg News in Shanghai at ishen4@bloomberg.net
To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net
More News:
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.