 |
|
  |
2005-6-1 11:23:00 a.m. HKT, XFNA
Warburg Pincus cuts stake in Hong Kong-listed Enerchina Holdings to 20.84 pct
|
| |
HONG KONG (XFN-ASIA) - Enerchina Holdings Ltd said major shareholder
Warburg Pincus Ventures LP has cut its stake in the company to 20.84 pct from
22.5 pct following the sale of some shares.
Company chairman Sun Qiang Chang said in a statement that Warburg sold 38
mln shares of the company at 0.90 hkd each on the open market yesterday.
As of 11.10 am, Enerchina was down 0.01 hkd or 1.06 pct at 0.93, after
posting a 2 pct gain to 0.94 hkd yesterday.
(1 usd = 7.8 hkd)
leonora.walet@xfn.com
lw/rc
MMMM
AFN |
| |
News Provided by XFNA |
| |
|
| Copyright(C) AASTOCKS.com Limited 2000. All rights reserved |
| |
|
|
|
