Brief: Shandong Hi-Speed Raises Holding In Qilu Expressway

Qilu Expressway Co

13/10/2021 11:14

Oct 13 (Reuters) - Shandong Hi-Speed Co Ltd  600350.SS :
    * SAYS IT AGREES TO BUY 778.5 MILLION SHARES IN QILU
EXPRESSWAY CO
LTD  1576.HK  FOR 1.6 BILLION YUAN  ($248.31 million), RAISING
ITS STAKE IN THE COMPANY TO 38.9%

Source text http://static.sse.com.cn/disclosure/listedinfo/announcement/c/new/2021-10-14/600350_20211014_2_7bxGv5DI.pdf
Further company coverage:  600350.SS 

($1 = 6.4435 Chinese yuan renminbi)

 (Reporting by Hong Kong newsroom)
 ((meg.shen@thomsonreuters.com; 852-39525805;))