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Jilin Jiutai Bank Delays Composite Document Dispatch Amid Share Acquisition Plans

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Jilin Jiutai Bank Delays Composite Document Dispatch Amid Share Acquisition Plans

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

Jilin Jiutai Rural Commercial Bank Corporation Limited has announced a delay in the dispatch of the Composite Document related to a voluntary conditional general cash offer to acquire all issued H Shares and Domestic Shares, as well as the proposed withdrawal of listing of the H Shares. The delay is due to the need for additional time to finalize the document’s content, including reports from the Independent Financial Adviser and the Bank’s auditors. Trading in the bank’s H Shares remains suspended, and further announcements will be made once the Composite Document is ready.

More about Jilin Jiutai Rural Commercial Bank Corporation Limited Class H

Jilin Jiutai Rural Commercial Bank Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the financial sector. The bank primarily focuses on providing banking services, including the issuance of H Shares and Domestic Shares, and is involved in the rural commercial banking industry.

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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