China Aluminum International Engineering Corporation Limited Class H (HK:2068) has released an update.
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China Aluminum International Engineering Corporation Limited (CHALIECO) has announced a capital increase for its subsidiaries, reducing its ownership from 100% to at least 60%. The transaction, involving a capital injection of RMB2.29 billion by new investors including Chinalco Suihe, marks a significant investment move in compliance with Hong Kong Listing Rules and requires shareholder approval.
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