Brief: Chongqing Machinery & Electric Approves Share Reduction Plan In GRIPM Advanced Materials
29/06/2026 16:34
BRIEF-Chongqing Machinery & Electric Approves Share Reduction Plan In GRIPM Advanced Materials June 29 (Reuters) - Chongqing Machinery & Electric Co Ltd:
APPROVES PROPOSED SHARE REDUCTION PLAN FOR GRIPM ADVANCED MATERIALS SHARES
PROPOSES TO REDUCE UP TO 2.83 MLN GRIPM SHARES, UP TO 2.73% OF TOTAL SHARES
REDUCTION TO BE CONDUCTED VIA CENTRALISED BIDDING AND/OR BLOCK TRADING
WILL DETERMINE REDUCTION PRICE BASED ON MARKET PRICE AT TIME OF REDUCTION
Further company coverage: 2722.HK
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