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    6869 — Yangtze Optical Fibre and Cable Joint Stock Co News Story

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    Brief: Yangtze Optical Fibre To Become Controlling Shareholder Of Broadex Technologies

    Picture of Yangtze Optical Fibre and Cable Joint Stock Co logoYangtze Optical Fibre and Cable Joint Stock Co
    07/04/2022 14:17
    April 7 (Reuters) - Yangtze Optical Fibre And Cable Joint
Stock Ltd Co  601869.SS  6869.HK :
    * SAYS IT AGREES TO BUY 12.7% STAKE IN BROADEX TECHNOLOGIES
CO LTD
 300548.SZ  FOR 1.0 BILLION YUAN  ($157.28 million)
    * SAYS IT WILL TAKE CONTROLLING STAKE IN BROADEX
TECHNOLOGIES BY
STAKE PURCHASE AND VOTING RIGHTS CUSTODIAN
    * BROADEX TECHNOLOGIES SAYS TRADING IN SHARES TO RESUME ON
APRIL 8
AFTER CONTROLLING SHAREHOLDER CHANGE

Source text 1 http://static.sse.com.cn/disclosure/listedinfo/announcement/c/new/2022-04-08/601869_20220408_2_l6yHHcmP.pdf
 
Source text 2 http://www.szse.cn/disclosure/listed/bulletinDetail/index.html?21a6735c-6abc-415e-94e1-4fcffb8631bf
Further company coverage:  601869.SS 

($1 = 6.3582 Chinese yuan renminbi)

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

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