Brief: Weiqiao Textile Says Shandong Weiqiao Textile Technology And Co Entered Merger Agreement
04/12/2023 14:43
Dec 4 (Reuters) - Weiqiao Textile Co Ltd 2698.HK :
* SHANDONG WEIQIAO TEXTILE TECHNOLOGY AND CO ENTERED INTO
MERGER
AGREEMENT
* UPON MERGER, CO WILL BE MERGED INTO AND ABSORBED BY
SHANDONG
WEIQIAO TEXTILE TECHNOLOGY
* UNDER DEAL, SHANDONG WEIQIAO TEXTILE TECHNOLOGY WILL PAY
CANCELLATION PRICE OF HK$3.50 PER H SHARE TO H SHAREHOLDERS
* APPLICATION MADE BY CO TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN H SHARES FROM 5 DEC 2023
Source text for Eikon: ID:nHKS17BqTv
Further company coverage: 2698.HK
((Reuters.Briefs@thomsonreuters.com;))
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