Earlier this week Suntech Power Holdings, the rump of the former Suntech empire, said that its Power Solar System (PSS) unit had won a $264m legal judgement over Suntech Singapore.
Suntech Singapore was formerly a subsidiary of PSS, but was last spring transferred to Wuxi Suntech – Suntech’s former manufacturing arm for which Shunfeng has offered 3bn yuan ($500m) – under dubious circumstances.
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