China General Nuclear Power Eyes Another 5% Stake in CGN Power in 12 Months

MT Newswires Live
04-09

CGN Power's (HKG:1816, SHE:003816) controlling shareholder, China General Nuclear Power Group, plans to increase its holdings of the company's Hong Kong-listed shares by up to 5% over the next 12 months.

The purchase will be made via the Shenzhen-Hong Kong Stock Connect system using the shareholder's own funds, according to a Shenzhen Stock Exchange filing on Tuesday.

As of Tuesday, CGN holds about 58.89% of CGN Power's total share capital.

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