Nod For New Shares
By Zhang Fengming |
May 12, 2011, Thursday
|
Print Edition
Print Edition
SAIC Motor Corp's board has approved the planned issue of new shares to its parent in exchange for assets, according to a Shanghai Stock Exchange filing
yesterday.
The targeted assets include those in Hong Kong and North America, China's top auto maker said in the filing.
yesterday.
The targeted assets include those in Hong Kong and North America, China's top auto maker said in the filing.
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