February 12, 2018 / 10:35 PM / 11 days ago

BRIEF-Tianneng Power International Acquires 121.4 Mln Chaowei Shares In Open Market

Feb 13 (Reuters) - Tianneng Power International Ltd :

* BOUGHT 121.4 MILLION CHAOWEI SHARES IN OPEN MARKET FROM 1 MARCH 2017 TO 12 FEB 2018 AT RANGE OF HK$3.55 AND HK$ 6.85 PER SHARE

* AGGREGATE CONSIDERATION FOR ACQUIRING 121.4 MILLION CHAOWEI SHARES IS HK$557.59 MILLION​

* ‍ALSO DISPOSED AN AGGREGATE OF 9.7 MILLION CHAOWEI SHARES IN OPEN MARKET IN A SERIES OF TRANSACTIONS CONDUCTED ​ Source text for Eikon: Further company coverage:

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