Company Shares Purchase Agreement Signing Ceremony
The Company was selected as a preferred bidder by Chongqing Expressway Group (CEG) and Chongqing State Owned Assets Supervision and Administration Commission of Chongqing (SASAC) for acquisition of 49% equity stake in 58 Kms Yu He Expressway Company Limited connecting downtown Chongqing with Hechuan county in Chongqing, having toll concession rights till June 2032.
We are pleased to inform you that consequent to the Company being selected as a preferred bidder, CEG, SASAC and the Company has entered into an agreement at Chongqing on December 9, 2011 for acquiring 49% stake held by SASAC
Click here to view Signing Ceremony Photos
Click here to view the press coverage made by THE HINDU newspaper |