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PING AN Plans to List and Sell 34% Stake in SZSE w/ Base Price of RMB408M
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PING AN (02318.HK) publicly listed its entire stake in the Shenzhen Stock Exchange (SZSE) for sale, according to The Paper. The project involves 170 million SZSE shares, representing 34% of the total equity, and has been listed for public transfer at the Guangzhou Enterprises Merges and Acquisitions Services. The base price for the transfer is set at RMB408 million, which equates to RMB2.4 per share. AASTOCKS Financial News Website: www.aastocks.com |
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