Shenergy Gets Nod for Registration for Asset-Backed Special Plan Assets
MT Newswires Live
Yesterday
Shenergy (SHA:600642) received approval from the Chinese securities regulator and the Shanghai Stock Exchange to register a closed-end infrastructure securities investment fund and trade asset-backed securities under the Dongfanghong Shenergy Energy No. 1 Asset-Backed Special Plan, according to a Shanghai bourse filing on Friday.
The closed-end infrastructure securities investment fund has an offering size of 500 million units and a term of 15 years.
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