Facebook Twitter 新浪微博 Instagram YouTube Wednesday, Mar. 23, 2016

China's State Nuclear Energy Giant Completes Deal with Malaysian Firm

(Xinhua)    19:58, March 23, 2016

File photo shows a nuclear energy station of China General Nuclear Power Corporation. [Photo: Agencies]

Malaysia's state investment company 1MDB said Wednesday that it had completed a deal with China General Nuclear Power Corporation (CGN) to sell its energy assets to one of China's leading clean energy companies.

Under an equity purchase agreement signed last year, CGN agreed to buy 100 percent of 1MDB's ownership in all its energy assets, including 13 clean energy projects scattered in Malaysia, Egypt, Pakistan, United Arab Emirates (UAE), etc.

1MDB said in a statement that following satisfaction of all conditions precedent, the agreement was successfully completed on Wednesday. 

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Ma Xiaochun,Bianji)

Add your comment

Related reading

We Recommend

Most Viewed


Key Words