CM-ENERGY (00206.HK) announced that it will issue 1.621 billion new shares to its major Shareholder, China Merchants Group (the subscriber), equivalent to a 33.33% increase in the expanded capital and will seek special authorization from Shareholders; the price per share is 0.2 yuan, which is a 25% premium compared to the closing price on the last trading day (the 30th), with a cash consideration of 0.324 billion yuan. After completion, the subscriber and its concerted action persons will increase their stake in the company from 55.08% to 70.05%.
華商能源(00206.HK)溢價發新股募3.2億元 招商局集團持股增至70%
CM-ENERGY (00206.HK) issued new shares at a premium to raise 0.32 billion yuan, with China Merchants Group's stake increasing to 70%.
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