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BRIEF-China Unicom Hong Kong Ltd ‍updates on mixed ownership reform plan​
November 1, 2017 / 11:28 AM / 22 days ago

BRIEF-China Unicom Hong Kong Ltd ‍updates on mixed ownership reform plan​

Nov 1 (Reuters) - China Unicom Hong Kong Ltd:

* ‍Updates on mixed ownership reform plan​

* Unicom group to transfer 1.90 billion shares in Unicom A share company to China Structural Reform Fund Corporation Ltd

* ‍Upon completion of transfer, shareholding of Unicom Group in Unicom A share co will decrease to about 37.70 pct

* Upon completion of transfer, Unicom Group will remain as controlling shareholder of Unicom A share company​

* ‍unicom A Share company says investors of non-public share issuance made full payment for subscriptions of shares

* ‍Upon completion of non-public share issuance, Unicom Group holds 43.98 pct of total issued shares of Unicom A share company​ Source text for Eikon: Further company coverage:

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