China Zhongwang Holdings Ltd., the country’s biggest maker of extruded aluminum, posted a 13 percent increase in full-year net profit, and said the proposed spinoff of a subsidiary and the parent’s listing in Shanghai would improve financing and growth prospects. The deal involves an asset swap with a Shanghai-listed Chinese… » The post Zhongwang says deal to deliver shanghai listing will help growth appeared first on DealStreetAsia. Via:: Deal Street Asia
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