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

Reuters
23 Oct 2024

Oct 23 (Reuters) - China Resources Power Holding

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;))

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