Brief: Sinotrans Says Controlling Shareholder Agrees To Increase Holding To Stabilise Share Prices
06/05/2020 11:49
May 6 (Reuters) - Sinotrans Ltd 601598.SS 0598.HK :
* SAYS CONTROLLING SHAREHOLDER AGREES TO BUY AT LEAST 60
MILLION
YUAN ($8.45 million) WORTH OF A-SHARES IN THE COMPANY WITHIN 12
MONTHS AS PART OF EFFORTS TO STABILISE CO'S SHARE PRICES
Source text in Chinese: https://bit.ly/2W6jmI8
Further company coverage: 601598.SS
($1 = 7.0974 Chinese yuan renminbi)
(Reporting by Hong Kong newsroom)
((meg.shen@thomsonreuters.com; 852-28436901; Reuters Messaging:
meg.shen.thomsonreuters.com@reuters.net))
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