Chitianhua Raises Fund to Finance Coal-based Urea Project

Chitianhua Raises Fund to Finance Coal-based Urea Project

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摘要 Guizhou Chitianhua Co., Ltd.(Chitianhua, SH:600227) says to raise fund of up to RMB1.2billion via publicly issuing new shares.The proceeds will be spent in acquiring a50% stake in Guizhou Jinchi Chemical Co.,Ltd.(Jinchi) from Guizhou West ElectricPower Co., Ltd.and finance Jinchi’s coalchemical project in Tongzi of Guizhouprovince.Chitianhua currently has a 50%stake in Jinchi, upon completion of the deal,Chitianhua will hold a 100% stake in Jinchi.

出处《China Chemical Reporter》 2010年第6期6-6,共11页 中国化工报导（英文版）

关键词 STAKE completion currently publicly SHARES FINANCE

分类号 F426.72 [经济管理—产业经济]

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China Chemical Reporter

2010年第6期

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Chitianhua Raises Fund to Finance Coal-based Urea Project

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