China CSSC Sets Price for Dissenting Shareholders for China Shipbuilding Industry Merger

MT Newswires Live08-15

China CSSC Holdings (SHA:600150) set the price for the appraisal rights for dissenting shareholders for its absorption and merger with China Shipbuilding Industry (SHA:601989), according to a Shanghai bourse filing on Friday.

The appraisal rights of 30.02 yuan per share will be distributed to shareholders on record by Aug. 12, a day before the suspension of China Shipbuilding Industry's trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment