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Ping An denies tax inspection will affect funding plan
By STAFF EDITOR
Published: March 01, 2008 01:00 AM
Ping An Insurance Group said Thursday that its plans to issue 1.2 billion new A-shares and US$5.79 billion (RMB41.2 billion) worth of six year convertible bond warrants would not be affected by a four month tax inspection due to start Monday, the Shanghai Securities News reported. The inspection by China’s tax office, which was announced last year, starts just two ...
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