Brief: Chalco Plans JV With Controlling Shareholder, To Merge Two Units

Accendra Health

21/06/2018 09:55

June 21 (Reuters) - Aluminum Corp Of China Ltd
 601600.SS  2600.HK  ACH.N :
    * SAYS IT PLANS TO SET UP JV WITH  CONTROLLING SHAREHOLDER
CHINALCO WITH REGISTERED CAPITAL AT 1.0 BILLION YUAN  ($153.88
million)
    * SAYS IT PLANS TO MERGE TWO ALUMINUM UNITS WITH EXISTING
UNIT'S
REGISTERED CAPITAL RISING TO 3.2 BILLION YUAN AFTER TRANSACTION
    * SAYS ASSET ACQUISITION DISCUSSIONS ANNOUNCED IN JANUARY
STILL
UNDERWAY

Source text in Chinese: https://bit.ly/2tqnJxX;
https://bit.ly/2I8alnN; https://bit.ly/2tgJbGq
Further company coverage:  601600.SS  2600.HK  ACH.N 

($1 = 6.4984 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
 ((hongkong.newsroom@thomsonreuters.com; (852) 2843-6441;
Reuters Messaging: chyenyee.lee.reuters.com@reuters.net))