Suntech Singapore sold for $1

Earlier this year, Shunfeng acquired Wuxi Suntech, the core Chinese production unit of fallen PV module powerhouse Suntech.

The deal to sell Suntech Singapore was apparently struck on 12 February

Wuxi Suntech has apparently sold its stake in Suntech Singapore for $1 to a company known as Fast Fame Global Limited, in a hugely beneficial deal for Shunfeng in its proposed acquisition of Wuxi Suntech.

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