Summary | In June, GCL acquired Jiangsu Zhongneng Polysilicon
Technology. HK$5.5 billion will be used to purchase 3.108
billion new shares of GCL, giving CIC a 20.09% stake.
HK$1.79/share is lower by 23% than HK$2.31/share price before
suspension on Monday. The two sides are expected to establish
the joint venture within a few months. Under the agreement, its ...
chinastakes.com | 07 January 2015