Zhejiang Expressway to invest RMB2500mln to expand roadway
According to the report of Apple Daily, Zhejiang Expressway (0576) plans to invest RMB2500mln to RMB3000mln to change the total number of roadway form four to six in the coming three to five years. The company will be approved to issue 300mln A shares to raise RMB1450mln and will be approved to issue 300mln corporate bonds as well.
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