Brief: Sinotrans passes resolution to approve proposed RMB5.45 bln China Merchants Logistics buy
16/10/2017 12:02
Oct 16 (Reuters) - Sinotrans Ltd 0598.HK
* Passed resolution to approve proposed acquisition of
equity interest in China Merchants Logistics at aggregate
consideration of RMB5.45 billion
* Consideration to be satisfied by issuance of about 1.44
billion domestic shares of co at initial issue price of HK$4.43
each
Source text for Eikon: ID:nHKS4hyw3M
Further company coverage: 0598.HK
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