Brief: China Merchants China Direct Investments updates on shareholding in China Merchants Bank
01/03/2016 08:53
March 1 (Reuters) - China Merchants China Direct Investments Ltd 0133.HK : * Inside information in relation to shareholding in China Merchants Bank Co. ltd. 0133.HK * Considers that restriction on disposal of shares in cmb within 12 months after completion of reorganisation will not have material impact on group's daily operations * Cash on hand together with foreseeable returns from investments will provide sufficient funds to operate during period * Unit of cmg will apply to China securities regulatory commission for waiver from obligation to make a general offer for all issued shares of cmb * Source text [http://bit.ly/1TjQN3u] ((For more news, please click here 0133.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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