China State Construction Engineering's (SHA:601668) controlling shareholder, CSCEC Group, raised its shareholding in the company for almost 30 million yuan, according to a Shanghai bourse filing over the weekend.
CSCEC added almost 7 million shares, or 0.02% of the state-owned construction company's share capital, between Sept. 3 and Oct. 15.
CSCEC plans to acquire an additional stake in the company until July 20, 2027.
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