男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Sinohydro to raise $2.7b in share sale

By Guo Aibing (China Daily)

2011-09-20 11:33

Sinohydro to raise $2.7b in share sale

A project by Sinohydro Group Ltd, China's largest builder of dams. The company plans to raise $2.7 billion in a Shanghai IPO to finance its expansion both in China and the international market. [Photo/China Daily]

Dam builder will launch deal next week to bankroll power projects

HONG KONG - Sinohydro Group Ltd, seeking to fund 17.3 billion yuan ($2.7 billion) of projects, will start selling shares next week in what could be the mainland's biggest IPO in more than a year.

China's biggest builder of dams will start selling up to 3.5 billion shares in Shanghai from Sept 26, the Beijing-based company said on Sept 19 in a statement to the Shanghai Stock Exchange. The shares will be priced on Sept 23, it said.

Sinohydro is expanding overseas and in China, where it is building hydroelectric stations and wind farms as part of the government's push to reduce the nation's reliance on coal to fuel the world's second-largest economy.

The offering comes when the Shanghai Composite Index has declined 13 percent this year amid a global economic slowdown.

The IPO would be the mainland's biggest since China Everbright Bank Co raised 18.9 billion yuan in August last year. The exercise of Everbright Bank's over-allotment option increased the amount it raised to 21.1 billion yuan.

Institutional investors can buy the shares from Sept 26 while subscriptions for retail investors will open on Sept 27, Sinohydro said. The China Securities Regulatory Commission, the country's stock market regulator, approved the IPO application on July 29.

Sinohydro's net income rose 27 percent last year to 2.91 billion yuan on increased demand for hydropower facilities, it said in July. The company had 261 projects under construction in 55 countries at the end of last year, with overseas projects accounting for 26 percent of revenue and 35 percent of gross profit, it said.

Proceeds from the share sale will help fund construction of projects including a hydropower dam in the southwestern Chinese province of Sichuan and a wind farm in Gansu province, Northwest China, Sinohydro said in July.

The Chinese company has also won construction contracts in Asia, Africa and South America.

The IPO proceeds will also be used for a dam in Cambodia, the company said in July.

Sinohydro is in talks to build a hydropower station in Costa Rica. Sinohydro won a contract in June 2010 to help Ecuador build a $1.68 billion hydropower plant in the country's Amazon region in what would be the Latin American country's biggest engineering project, Ecuador's Strategic Sectors Ministry said.

The Chinese dam builder signed a $2 billion framework agreement with Laos to build seven dams along the 475-kilometer Nam Ou River, a Mekong tributary, the Hong Kong-based South China Morning Post reported in April.

Bloomberg News

Paper kettle

An Italian designer, Andrea Ponti, designed a recycled paper-made water container for the Milano Expo 2015, according to yankodesign.com.

Bamboo treecycle

The Bamboo treecycle developed by MGT Engineering Ltd is on dispay at the 21th China Int'l Bicycle and Motor Fair.

Charger captures power from Wifi

A US electronics company invented a charger that draws its power from Wifi signals.

World Environment Day

World Environment Day is an annual event that is aimed at being the biggest and most widely celebrated global day for positive environmental action. The theme this year is Forests: Nature At Your Service.

China International Green Industry Expo 2010

The China International Green Industry Expo 2010 (CIGIE 2010) is an important international green industry exhibition hosted by the Chinese government and held at the Beijing Exhibition Center, Nov 24 to 27.

China Wind Power 2010 Conference&Exhibition

China Wind Power 2010 is the largest and most important international wind power conference and exhibition in China.

主站蜘蛛池模板: 突泉县| 河间市| 黑龙江省| 卢氏县| 新疆| 卓尼县| 香格里拉县| 桃园市| 香河县| 兴义市| 阳新县| 资源县| 长阳| 长阳| 杭锦旗| 双牌县| 淮南市| 巫山县| 安泽县| 南汇区| 绥化市| 商丘市| 昌乐县| 德江县| 榆林市| 电白县| 南京市| 丹寨县| 抚宁县| 靖安县| 富宁县| 兰溪市| 云安县| 故城县| 滨州市| 汽车| 普洱| 孝义市| 晋州市| 额敏县| 长丰县| 平和县| 平和县| 天水市| 雷山县| 平泉县| 克什克腾旗| 云阳县| 洮南市| 安宁市| 滦南县| 黄浦区| 长海县| 汝州市| 固始县| 天津市| 迁安市| 崇仁县| 耿马| 林芝县| 紫阳县| 永定县| 邮箱| 富民县| 兴和县| 东莞市| 且末县| 鹿邑县| 中宁县| 德江县| 东丽区| 乳山市| 黄梅县| 龙州县| 雅安市| 榆树市| 永济市| 和硕县| 龙里县| 洛宁县| 连城县| 云阳县|