Brief: China Cinda Asset Management Says Huaihe Energy Would Absorb And Merge Huainan Mining Group

China Cinda Asset Management

22/02/2022 01:00

Feb 22 (Reuters) - China Cinda Asset Management Co Ltd
 1359.HK :
    * CHINA CINDA ASSET MANAGEMENT - HUAIHE ENERGY WOULD ABSORB
AND
MERGE HUAINAN MINING GROUP
    * CHINA CINDA ASSET MANAGEMENT - CO, OTHER EXISTING
SHAREHOLDERS
OF HUAINAN MINING ENTERED ABSORPTION AND MERGER AGREEMENT WITH
HUAINAN MINING
    * CHINA CINDA ASSET MANAGEMENT -  ABSORBTION BY ISSUING
SHARES
AND/OR CONVERTIBLE CORPORATE BONDS (IF ANY) AND PAYING CASH TO
EXISTING SHAREHOLDERS
    * CHINA CINDA ASSET MANAGEMENT -  UPON COMPLETION, CO WILL
BECOME
A SHAREHOLDER OF HUAIHE ENERGY
    * CHINA CINDA ASSET MANAGEMENT -  EXISTING SHAREHOLDERS
AGREED TO
SELL ALL THEIR RESPECTIVE SHARES IN HUAINAN MINING GROUP TO
HUAIHE ENERGY
    * CHINA CINDA ASSET MANAGEMENT - ABSORPTION AND MERGER
AGREEMENT
WITH HUAINAN MINING GROUP AND HUAIHE ENERGY

Source text for Eikon:  ID:nHKS1bKkR3 
Further company coverage:  1359.HK 

 (Reuters.briefs@thomsonreuters.com)