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Heavy Electrical Equipment

Harbin Electric announces resignation of Senior Vice-President

Harbin Electric Co Ltd: Miao li-jie has resigned from position of senior vice-president .resignation Of Senior Management .

Wednesday, 21 Sep 2016

NKT to split into two companies, to buy ABB's high-voltage cables business

NKT Holding A/S : To split NKT Holding into two listed companies following acquisition of ABB's high-voltage cables business (ABB HV Cables) . NKT Cables entered into purchase agreement to acquire ABB HV Cables, wholly owned business of ABB group, at enterprise value of 712 million euros (5.3...

Wednesday, 21 Sep 2016

Zhefu Holding plans to acquire stakes in energy service firm via share issue

Zhefu Holding Group Co Ltd : Says it plans to acquire 49 percent stake in Zhejiang-based energy service firm for about 955.5 million yuan ($143.14 million) via share issue .Says it plans to raise up to 955.5 million yuan in private placement of shares to fund acquisition and projects.

Wednesday, 21 Sep 2016

Sanbian Sci Tech to transfer 7 pct stake in new energy unit to general manager

Sanbian Sci Tech Co., Ltd.: Says the co plans to transfer 7 percent stake in Zhejiang-based new energy unit to the co's general manager .Says the co to hold 60 percent stake in the unit after the transfer.

Wednesday, 21 Sep 2016

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