China Tianrui Cement (01252) issued an announcement relating to Yu Kuo (the controlling shareholder of the company and a non-executive director, Li...
According to Zhitong Finance App, China Tianrui Cement (01252) issued an announcement stating that Yu Kuo (the controlling shareholder of the company and a company indirectly owned by non-executive director Li Liufa and executive director Li Fengyi (Li Liufa's spouse)) is clarifying whether the mandatory sale of up to 10 million additional shares held by it has been properly executed.
Yu Kuo recently confirmed that the compulsory sale of 10 million shares mentioned above has not been properly implemented and has been cancelled.