SI Resources Co Ltd:To invest 3 bln won to set up a wholly owned subsidiary in S. Korea.New entity will be engaged in the development and distribution of resources.The new entity will be capitalized at 3 bln won.Expects transaction settlement date of April 29.
PT Resource Alam Indonesia Tbk:Says that it has incorporated a new subsidiary, PT Bumi Hidro Energi, which will engage in hydro-electric power generation.Company owns 80 pct of stake in the subsidiary while Odive Karya Denny T. owns the remaining 20 pct.
SDIC Xinji Energy Co Ltd:Says the company received approval to establish branch in Huainan.
China Shenhua Energy Co Ltd:To set up a wholly owned information technology company, which with registered capital of 50 mln yuan.To dissolve a Wutai-based coal transportation company.
Wintime Energy Co Ltd:Subsidiary to set up three subsidiaries in Beijing, Jiangsu and Henan engaged in sale of power.