Edition:
United Kingdom

Sinotrans Enters Merger Agreement With Sinoair


Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Sinotrans Ltd <0598.HK>::WILL APPLY TO RELEVANT REGULATORY AUTHORITIES IN PRC FOR ISSUE AND LISTING OF A SHARES ON SHANGHAI STOCK EXCHANGE.WILL APPLY SUBJECT TO COMPLETION OF MERGER PROPOSAL.CO ENTERED INTO MERGER AGREEMENT WITH SINOAIR, A 60.95% OWNED SUBSIDIARY OF CO WHOSE SHARES ARE LISTED ON SHANGHAI STOCK EXCHANGE.SHARE EXCHANGE, BEING ISSUE OF 1.37 BILLION A SHARES AS CONSIDERATION SHARES BY COMPANY AT ISSUE PRICE OF RMB5.32 PER CONSIDERATION SHARE. 

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18 Jul 2019