Brief: Beijing Jingneng Clean Energy Announces Voluntary Conditional Offer For Co's H Shares

Beijing Jingneng Clean Energy

17/11/2020 15:20

Nov 17 (Reuters) - Beijing Jingneng Clean Energy Co Ltd
 0579.HK :
    * VOLUNTARY CONDITIONAL OFFER BY CHINA SECURITIES
(INTERNATIONAL)
CORPORATE FINANCE TO BUY ALL OF ISSUED H SHARES IN CO
    * H SHARE OFFER WILL BE MADE BY CHINA SECURITIES
(INTERNATIONAL)
CORPORATE FINANCE ON BEHALF OF BEIJING ENERGY HOLDING
    * H SHARE OFFER CONSIDERATION HK$2.70 IN CASH PER H SHARE
    * MAXIMUM VALUE OF H SHARE OFFER ABOUT HK$4.06 BILLION
    * UPON H SHARE OFFER BECOMING UNCONDITIONAL, CO WILL MAKE
APPLICATION FOR DELISTING OF H SHARES
    * CONDITIONAL OFFER BY CSCI, ON BEHALF OF BEH, TO BUY ALL
ISSUED H
SHARES IN (OTHER THAN THOSE ALREADY HELD BY BEH)
    * APPLICATION MADE FOR RESUMPTION OF TRADING IN H SHARES
FROM 9
AM, NOV 18

Source text https://bit.ly/3pvJyIK
Further company coverage:  0579.HK 

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