StockMarketWire.com - Oracle Power said the equity holdings had been revised for its non-binding Pakistan coal project agreement with Beijing Jingneng Power Company and PowerChina International Group.

Under the terms of a revised memorandum of understanding, Orcale would now hold a 12.1% stake in the joint venture, up slightly from the previous holding of 12.0%.

Beijing Jingneng's stake, meanwhile, had risen to 78% from 73%, while PowerChina's had fallen to 9.9% from 15%.

All other terms of the memorandum of understanding remained unchanged.


At 9:29am: [LON:ORCP] Oracle Power PLC share price was +0.01p at 0.41p



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