Ho-Ping definition
Examples of Ho-Ping in a sentence
HPC O&M is a company incorporated in the British Virgin Islands with limited liability and principally provides operation and maintenance services to Ho-Ping.
Mandatory Redemption.................................................................................33 Section 3.09.
The figures above are extracted from the audited financial statements of Ho-Ping, which were prepared in accordance with generally accepted accounting principles in Taiwan.
OneEnergy Taiwan is a company incorporated in the British Virgin Islands with limited liability and is an investment holding company, owning (directly and indirectly through intermediate subsidiaries) 40% of the issued share capital of Ho-Ping and 40% of the issued share capital of HPC O&M.
Ho-Ping is a company incorporated in Taiwan with limited liability and owns a 1,320 MW coal-fired power station in Taiwan.
Following full implementation of the Reorganisation, CLP Group will continue to hold the same level of effective interest in Ho-Ping and HPC O&M.
For the financial year ended 31 December 2009, the audited net profits (before and after taxation) of Ho-Ping were NT$8,636 million (HK$1,986 million) and NT$8,383 million (HK$1,928 million) respectively.
For the financial year ended 31 December 2008, the audited net profits (before and after taxation) of Ho-Ping were NT$993 million (HK$248 million) and NT$1,008 million (HK$252 million) respectively.
Prior to the Reorganisation, CLP Group (through its chain of shareholding in OneEnergy, OneEnergy Taiwan and other intermediate subsidiaries) has an effective interest (on a look-through basis) of 20% in Ho-Ping and HPC O&M.
The other 60% equity interest in Ho-Ping and HPC O&M is owned by Taiwan Cement Corporation.