China Nuclear Engineering Co plans IPO
Updated: 2012-11-02 11:42
(Xinhua)
|
||||||||
BEIJING - China Nuclear Engineering Co Ltd, the country's leading nuclear project builder, is planning an initial public offering to support its nuclear power projects.
The company plans to issue 525 million A-shares on the Shanghai Stock Exchange, raising 1.8 billion yuan ($286 million) to fund six projects, the Ministry of Environmental Protection said in a statement on Thursday.
The ministry has conducted environmental inspections of CNEC's 10 subsidiaries and found no violations, the statement said.
The IPO would be China's second nuclear-related IPO since the 2011 nuclear accident in Japan.
China National Nuclear Power Co, another leading nuclear energy developer, launched its IPO in June.
Formed in December 2010, CNEC has carried on 80 percent of the assets of its parent company, the State-owned China Nuclear Engineering Group.
It first filed an IPO application to securities authorities in early 2011, but the request was shelved due to the impact of the Japanese nuclear accident.
Relief reaches isolated village
Rainfall poses new threats to quake-hit region
Funerals begin for Boston bombing victims
Quake takeaway from China's Air Force
Obama celebrates young inventors at science fair
Earth Day marked around the world
Volunteer team helping students find sense of normalcy
Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
|
|
|
|
|
|
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
|
|














