GCL New Energy Holdings (HKG:0451) subsidiary GCL New Energy Development applied to purchase 14,000 Class A shares attributable to Asia-IO Clean Energy Partners fund for $14 million, according to a Tuesday filing with the Hong Kong Stock Exchange.
The fund could invest in a wide range of instruments such as stocks and securities, among others.
Shares closed 1% in Hong Kong on Wednesday.
Price (HKD): $0.49, Change: $-0.01, Percent Change: -1.01%
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