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Orient Securities (03958.HK) Plans Cash and New A Share Issue to Fully Acquire Shanghai Securities; A Shares Halted Mon
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Orient Securities (03958.HK) (600958.SH) announced that on April 19, the company entered into letters of intent for asset acquisition with Bailian Group, Shanghai International Group Investment, Shanghai International Group, Shanghai Chengtou Group and Guotai Haitong (02611.HK). Pursuant to the agreements, the company intends to acquire 100% equity interest in Shanghai Securities through the issuance of A shares and cash payment. The companys A shares will be suspended from trading starting April 20 (Mon), and the suspension is expected to last no more than 10 trading days. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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