China Investment Corporation invests in GCL-Poly Energy Holdings Limited

Posted on 11/19/2009


According to the China Investment Corporation’s Press Release, “China Investment Corporation (“CIC”) today signed a binding framework agreement with GCL-Poly Energy Holdings Limited (“GCL-Poly”) for the subscription of approximately 3,108 million shares of GCL-Poly at a price of HK$1.79 per share. The total investment is around HK$5.5 billion. The subscription is conditional upon, among other […]

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