Geely Auto Will Issue Shares To Buy Stakes From Parent [Archive] - China Car Forums

: Geely Auto Will Issue Shares To Buy Stakes From Parent


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07-22-2007, 02:23 PM
HONG KONG -- Chinese car maker Geely Automobile Holdings Ltd. plans to issue HK$1.61 billion (US$205.9 million) in new shares to buy most of its parent's stakes in four jointly held companies.