China Resources Power Holding to raise $500 mln through share placement

China Resources Power Holdings

23/10/2024 01:38

Oct 23 (Reuters) - China Resources Power Holding
 0836.HK  said on Wednesday it was planning to raise HK$3,886.63
million ($500.09 million) through a placement of shares.
    The company will issue 198.5 million shares at an issue
price of HK$19.70 per Share.

($1 = 7.7719 Hong Kong dollars)

 (Reporting by John Biju in Bengaluru; Editing by Rashmi Aich)
 ((John.Biju@thomsonreuters.com;))