CPCC to raise HK$9.4 bln by A-shares issuing to acquire New Star Petroleum
High-profile China Petroleum & Chemical Corporation (0386) officials revealed that, to acquire the New Star Petroleum from its parent company ASAP, the company planned to issue A share in Shanghai Stock Exchange to raise US$1. 2 bln (equivalent to HK$9.36 bln) in July. The scheme has been submitted to
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