Power Assets Arm, Partners Subscribe to More Shares in Joint Venture

MT Newswires Live09-26 20:42

Power Assets' (HKG:0006) subsidiary CK William Midco 3 and its partners bought more shares in their joint venture, CK William UK, according to a Wednesday filing with the Hong Kong Exchange.

CK William Midco 3, CK William Micdo 1 and CK William Midco 2 subscribed to 1,542 shares, 3,084 shares and 3,084 shares for 15.4 million euros, 30.8 million euros, and 30.8 million euros in CK William, respectively.

On the same day, Midco 3, Midco 1 and Midco 2 agreed to purchase up to 570 additional shares, up to 1,140 additional shares and up to 1,140 additional shares for 5.7 million euros, 11.4 million euros, and 11.40 million euros in CK William, respectively.

The parent companies of Midco 3, Midco 1 and Midco 2 hold 20%, 40%, and 40% equity interest in CK Williams, respectively and they will not change due to the subscriptions.

The electric utility company's shares closed over 2% lower on Thursday.

Price (HKD): $51.10, Change: $-1.1, Percent Change: -2.01%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2470973379?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-26 20:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2470973379","market":"nz","top_or_hot":-1,"title":"Power Assets Arm, Partners Subscribe to More Shares in Joint Venture","media":"MT Newswires Live","content":"<html><body><p> Power Assets' (HKG:0006) subsidiary CK William Midco 3 and its partners bought more shares in their joint venture, CK William UK, according to a Wednesday filing with the Hong Kong Exchange.</p><p>CK William Midco 3, CK William Micdo 1 and CK William Midco 2 subscribed to 1,542 shares, 3,084 shares and 3,084 shares for 15.4 million euros, 30.8 million euros, and 30.8 million euros in CK William, respectively.</p><p>On the same day, Midco 3, Midco 1 and Midco 2 agreed to purchase up to 570 additional shares, up to 1,140 additional shares and up to 1,140 additional shares for 5.7 million euros, 11.4 million euros, and 11.40 million euros in CK William, respectively.</p><p>The parent companies of Midco 3, Midco 1 and Midco 2 hold 20%, 40%, and 40% equity interest in CK Williams, respectively and they will not change due to the subscriptions.</p><p>The electric utility company's shares closed over 2% lower on Thursday.</p><p>Price (HKD): $51.10, Change: $-1.1, Percent Change: -2.01%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Power Assets Arm, Partners Subscribe to More Shares in Joint Venture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPower Assets Arm, Partners Subscribe to More Shares in Joint Venture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-26 20:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Power Assets' (HKG:0006) subsidiary CK William Midco 3 and its partners bought more shares in their joint venture, CK William UK, according to a Wednesday filing with the Hong Kong Exchange.CK William...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4141","symbol_name":"半导体产品","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2470973379","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470973379","pubTimestamp":1727354553,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Power Assets'  subsidiary CK William Midco 3 and its partners bought more shares in their joint venture, CK William UK, according to a Wednesday filing with the Hong Kong Exchange.CK William Midco 3, CK William Micdo 1 and CK William Midco 2 subscribed to 1,542 shares, 3,084 shares and 3,084 shares for 15.4 million euros, 30.8 million euros, and 30.8 million euros in CK William, respectively.On the same day, Midco 3, Midco 1 and Midco 2 agreed to purchase up to 570 additional shares, up to 1,140 additional shares and up to 1,140 additional shares for 5.7 million euros, 11.4 million euros, and 11.40 million euros in CK William, respectively.The parent companies of Midco 3, Midco 1 and Midco 2 hold 20%, 40%, and 40% equity interest in CK Williams, respectively and they will not change due to the subscriptions.The electric utility company's shares closed over 2% lower on Thursday.Price : $51.10, Change: $-1.1, Percent Change: -2.01%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4141":"半导体产品","BK4526":"热门中概股","00006":"电能实业","BK4588":"碎股","BK4084":"特种房地产投资信托","BK4234":"特殊用途房地产信托","LU1497733557.USD":"EASTSPRING INV ASIAN LOW VOLATILITY EQUITY FUND \"A\" (USD) INC A","JYNT":"The Joint Corp.","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","BK1521":"挪威政府全球养老基金持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1497733631.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD","LU1497734951.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD-H","BK4185":"保健护理机构","BK4023":"应用软件","HKD":"尚乘数科","LU1522347837.USD":"EASTSPRING INV ASIAN LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC A","BK4585":"ETF&股票定投概念","PW":"Power REIT","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK1569":"长和系","BK1099":"电力公用事业","BK1527":"公用股","LU1634259391.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD","LU1634259557.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund AS SGD-H"},"translate_title":"电能实业与夥伴认购更多合资公司股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HKD":1,"PW":1,"JYNT":1,"00006":0.9},"content_text":"Power Assets' (HKG:0006) subsidiary CK William Midco 3 and its partners bought more shares in their joint venture, CK William UK, according to a Wednesday filing with the Hong Kong Exchange.CK William Midco 3, CK William Micdo 1 and CK William Midco 2 subscribed to 1,542 shares, 3,084 shares and 3,084 shares for 15.4 million euros, 30.8 million euros, and 30.8 million euros in CK William, respectively.On the same day, Midco 3, Midco 1 and Midco 2 agreed to purchase up to 570 additional shares, up to 1,140 additional shares and up to 1,140 additional shares for 5.7 million euros, 11.4 million euros, and 11.40 million euros in CK William, respectively.The parent companies of Midco 3, Midco 1 and Midco 2 hold 20%, 40%, and 40% equity interest in CK Williams, respectively and they will not change due to the subscriptions.The electric utility company's shares closed over 2% lower on Thursday.Price (HKD): $51.10, Change: $-1.1, Percent Change: -2.01%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"Shareholding Changes","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470973379"}