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Friday, November 4, 2011

China Qinfa (00866) equity holdings of its gorgeous Austrian Energy

China Qinfa (00866) equity holdings of its gorgeous Austrian Energy China Qinfa Group (00866) announced that its wholly-owned subsidiary of GF Energy Investment Shuozhou cash consideration of 2.88 billion yuan (about HK $ 3.51 billion) to acquire 48% interest gorgeous Austrian energy to complete the transaction, the gorgeous Austrian energy will become a subsidiary of the company, its shareholding will increase to 80%. Gorgeous Austrian Energy services include wholesale and retail building materials and chemical products, and mining operations. ...China Qinfa (00866) equity holdings of its gorgeous Austrian Energy

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