Brief: Bank Of Jinzhou Says CICC, From Offeror's Behalf, To Make Offer To Acquire All Issued H Shares

Bank of Jinzhou Co

26/01/2024 15:18

Jan 26 (Reuters) - Bank of Jinzhou Co Ltd  0416.HK :
    * CICC, ON BEHALF OF OFFEROR, WILL MAKE VOLUNTARY
CONDITIONAL
GENERAL CASH OFFER TO ACQUIRE ALL OF ISSUED H SHARES
    * CASH OFFER OF HK$1.38 PER H SHARE
    * AGGREGATE CASH CONSIDERATION PAYABLE BY OFFEROR UNDER
OFFERS
WILL AMOUNT TO HK$4.85 BILLION
    * AGGREGATE CASH CONSIDERATION PAYABLE BY OFFEROR HK$4.85
BILLION
IN RESPECT OF H SHARE OFFER
    * AGGREGATE CASH CONSIDERATION RMB3.15 BILLION IN RESPECT OF
DOMESTIC SHARE OFFER
    * TRADING IN H SHARES OF BANK WILL REMAIN SUSPENDED UNTIL
FURTHER
NOTICE

Further company coverage:  0416.HK 

 ((Reuters.Briefs@thomsonreuters.com;))