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ST东时:控股股东所持部分公司股份将被司法拍卖

ST Dongshi: Some shares held by the controlling shareholder will be subject to judicial auction.

Breakings ·  Dec 23 21:33

ST Dongshi (603377) announced on the evening of December 23 that the company's controlling shareholder, Eastern Pioneer Driving School Investment Co., Ltd. (referred to as "Eastern Pioneer Investment"), holds a total of 23.5 million unrestricted tradable shares of the company (accounting for approximately 3.26% of the company's total share capital) which are proposed to be auctioned judicially. If the judicial auction is successfully implemented, the total shares held by Eastern Pioneer Investment and its concerted actor, Xu Xiong, will decrease to 0.166 billion shares, accounting for approximately 23.08% of the company's total share capital. The auction of some shares held by Eastern Pioneer Investment will not lead to changes in the company's controlling shareholder and actual controller.

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