Bank of Suzhou Shareholder to Raise Stake by 300 Million Yuan

MT Newswires Live2025-01-09

Bank of Suzhou (SHE:002966) shareholder Suzhou International Development Group plans to raise its holdings in the lender by no less than 300 million yuan within six months through centralized bidding, according to a Shenzhen Stock Exchange disclosure on Wednesday.

Suzhou International Development currently owns 14% of the lender, accounting for 537 million shares, the disclosure added.

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