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An update from Jilin Jiutai Rural Commercial Bank Corporation Limited Class H ( (HK:6122) ) is now available.
Jilin Jiutai Rural Commercial Bank Corporation Limited, in conjunction with Jilin Financial Holding Group Co., Ltd., announced the closure of voluntary conditional general cash offers to acquire all issued H Shares and Domestic Shares of the bank. The offers, which were not extended beyond the deadline, resulted in significant acceptances, with 95.26% of H Shares and 92.09% of Domestic Shares being tendered. This move will lead to the delisting of the bank’s H Shares from the Stock Exchange, impacting the bank’s market presence and shareholder structure.
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. It operates in the financial services industry, focusing on providing banking services to rural communities. The company is involved in offering a range of financial products and services, including loans, deposits, and other banking services, primarily targeting rural and agricultural sectors.
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.08B
For a thorough assessment of 6122 stock, go to TipRanks’ Stock Analysis page.