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Represented Hong Kong-listed China Resources Power Holdings Company Limited in its US$669 million acquisition of a 56% stake in Daning coal mine in Shanxi Province, northern China from Banpu Public Company Limited, a serious Thailand-based pure assets firm. Represented CICC and CITIC Securities as joint underwriters within the US$4 billion A- and H-share rights issue of China CITIC Bank Corporation Limited. Therefore, they initiated a global investment arbitration against the Cambodian authoritie The acquisition is part of CR Power’s efforts to safe and broaden it coal provide base for its power era enterprise. China CITIC Bank Corporation Limited is China’s seventh-largest lender in terms of total property.
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