Geely Auto Will Issue Shares To Buy Stakes From Parent - China Car Forums
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Old 07-22-2007, 01:23 PM   #1
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Default Geely Auto Will Issue Shares To Buy Stakes From Parent

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.
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