Brief: Sinotrans Says China Merchants Received Approval From SASAC On Sinoair Merger Proposal
23/05/2018 15:17
May 23 (Reuters) - Sinotrans Ltd 0598.HK :
* REFERS TO PROPOSED ISSUE OF A SHARES AND MERGER OF
SINOTRANS AIR
TRANSPORTATION DEVELOPMENT CORP LTD BY CO THROUGH SHARE EXCHANGE
* CONTROLLING SHAREHOLDER, CHINA MERCHANTS, INFORMS CHINA
MERCHANTS RECEIVED IN-PRINCIPLE APPROVAL FROM SASAC ON OVERALL
MERGER PROPOSAL
Source text for Eikon: ID:nHKS9VXnsw
Further company coverage: 0598.HK
((Reuters.Briefs@thomsonreuters.com;))
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