HUBCO increases its shareholding in China Power Hub Company to 47.5%

MG News | September 13, 2019 at 03:04 PM GMT+05:00

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September 13, 2019 (MLN): Hub Power Holdings Limited, a wholly owned subsidiary of The Hub Power Company Limited has increased its total shareholding of China Power Hub Generation Company (Pvt.) Limited from 26% to 47.5%.

In a notification sent out to PSX on Friday, the company further revealed that the requisite Corporate and Regulatory approvals have been obtained in connection with the said transaction.

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