BRIEF-Shanghai Electric Transfers Project Assets By Unit

Reuters2024-11-26
BRIEF-Shanghai Electric Transfers Project Assets By Unit

Nov 26 (Reuters) - Shanghai Electric Group 601727.SS:

  • TRANSFER OF PROJECT ASSETS BY A SUBSIDIARY THROUGH PUBLIC TENDER

  • TRANSACTION PRICE WAS RMB756 MILLION

  • PROVISION OF RMB369 MILLION FOR GOODWILL IMPAIRMENT OF NINGBO HI-FIRM

Further company coverage: 601727.SS

((Reuters.Briefs@thomsonreuters.com;))

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