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Zhong-Tie Wins New Overseas Contracts, Company To List In Shanghai On March 10
Zhong-Tie Construction, Zhong-Tie Construction Group Corporation Limited
Posted by: Li Jun on Feb 18, 2008 | 17:02
Editorial Summary
Chinese contractor Zhong-Tie Construction Group Corporation Limited was recently awarded two railway construction contracts in Libya worth a total of US$2.6 billion (RMB18.66 billion), reports China Business News. The two railway projects are scheduled to start in June 2008, said the report. Zhong-Tie signed oversea contracts for RMB89.5 billion in the first eleven months of 2007, and RMB43.9 billion in 2006, according to the report.
Zhong-Tie expects its 2.8 billion A-shares to begin trading in Shanghai on March 10 and its up to 1.7 billion H-shares in Hong Kong on March 14, said the report.
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