HENGAN INT'L Buys 100% Weifang Power from Connected Company at RMB150M
HENGAN INT'L (01044.HK)
+3.150 (+3.702%)
Short selling $93.26M; Ratio 27.536%
announced that Hengan Mega Jumbo and Hengan China Investment (each a
wholly-owned subsidiary of the company), entered into the agreement to
collectively acquire the entire equity interest in Weifang Power from
the connected company Advance Asia and Weifang Henglong at RMB150
million.
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