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Power Assets (0006) independent shareholders veto loans to parent
Company announcement, 14-May-2015
They called it the purchase of "connected debt securities" but it amounts to lending money to the parent, which is never a good idea. It was close though, no doubt after a lot of lobbying.
Organisations
- CK Hutchison Holdings Limited 長江和記實業有限公司
- CK Infrastructure Holdings Limited 長江基建集團有限公司
- Power Assets Holdings Limited 電能實業有限公司
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