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: 元氏县| 修文县| 策勒县| 林甸县| 马关县| 北川| 彭水| 会同县| 郁南县| 湘潭市| 南溪县| 蛟河市| 荥经县| 中阳县| 章丘市| 石河子市| 安福县| 巴塘县| 灵川县| 通海县| 台前县| 麻栗坡县| 栾川县| 嘉善县| 莱芜市| 广平县| 博罗县| 上饶市| 常熟市| 玉树县| 巴南区| 延寿县| 徐闻县| 体育| 吉林市| 上虞市| 怀宁县| 芒康县| 任丘市| 科尔| 邮箱| 肥东县| 奇台县| 长海县| 罗定市| 休宁县| 广元市| 尚志市| 南部县| 博罗县| 社会| 文成县| 德钦县| 都江堰市| 将乐县| 屯昌县| 习水县| 独山县| 余庆县| 新龙县| 若羌县| 沾益县| 江城| 米易县| 赣榆县| 海原县| 平凉市| 辰溪县| 安国市| 都匀市| 安吉县| 新田县| 盈江县| 通渭县| 库尔勒市| 新乡县| 丹江口市| 乐东| 工布江达县| 措美县| 平塘县| 上高县|