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819 — Tianneng Power International News Story

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Brief: Tianneng Power International Says Strategic Investment Subscription For Shares Of Unit

June 28 (Reuters) - Tianneng Power International Ltd
 0819.HK :
    * ON 26 JUNE SPIN-OFF CO TO ISSUE AND FOUR STRATEGIC
INVESTORS
HAVE AGREED TO SUBSCRIBE 14.3 MILLION NEW SHARES OF SPIN-OFF CO
    * SUBSCRIPTION PRICE IS RMB12.80 PER SPIN-OFF CO'S SHARE
MAKING
POST-MONEY VALUATION OF SPIN-OFF CO AS RMB10.95 BILLION

Source text for Eikon:  ID:nHKSc8X3sM 
Further company coverage:  0819.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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