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Jilin Jiutai Bank Announces Voluntary Cash Offer and Delisting Proposal

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Jilin Jiutai Bank Announces Voluntary Cash Offer and Delisting Proposal

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Jilin Jiutai Rural Commercial Bank Corporation Limited Class H ( (HK:6122) ) has shared an announcement.

Jilin Jiutai Rural Commercial Bank Corporation Limited, in collaboration with Jilin Financial Holding Group Co., Ltd., has announced the dispatch of a Composite Document related to a voluntary conditional general cash offer. This offer, facilitated by China International Capital Corporation Hong Kong Securities Limited, aims to acquire all issued H Shares and Domestic Shares of the bank. Additionally, there is a proposal for the withdrawal of the listing of the H Shares, with continued suspension of trading. This move could significantly impact the bank’s market presence and shareholder dynamics.

More about Jilin Jiutai Rural Commercial Bank Corporation Limited Class H

Jilin Jiutai Rural Commercial Bank Corporation Limited is a financial institution based in the People’s Republic of China, primarily engaged in providing banking services. The bank operates within the financial sector, focusing on rural commercial banking services.

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.08B

For detailed information about 6122 stock, go to TipRanks’ Stock Analysis page.

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