CLP Reports on Impact of Mine Incident on its Financial Results
OREANDA-NEWS. July 13, 2012. The financial results of CLP Holdings Limited (“CLP Holdings”) for 2012 are expected to be adversely affected by (i) the lost generation capacity of the Yallourn Power Station as a result of the damage to the coal conveyors after flooding of the Yallourn coal mine in June 2012 and (ii) the cost of remediation work including diversion of the Morwell River (“the Yallourn Mine Incident”), reported the press-centre of CLP Holdings.
The financial results of CLP Holdings Limited (“CLP Holdings”) for 2012 are expected to be adversely affected by (i) the lost generation capacity of the Yallourn Power Station as a result of the damage to the coal conveyors after flooding of the Yallourn coal mine in June 2012 and (ii) the cost of remediation work including diversion of the Morwell River (“the Yallourn Mine Incident”).
Investors are advised to exercise caution in dealing in shares of CLP Holdings.
This announcement is made by CLP Holdings pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
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