[ET Net News Agency, 2 September 2015] China Communications Construction Company (CCCC)
(01800) said its 99.9%-owned subsidiary CCCC Dredging (Group) Co., Ltd. is approved to
issue no more than 7,292 million overseas listed foreign invested shares.
CSRC approved the state-owned shareholders of CCCC Dredging, being CCCC and China Road
and Bridge Corporation Limited, a subsidiary of CCCC, to transfer the shares of National
Council for Social Security Fund and convert them into overseas listed foreign invested
shares. Conditional upon the compliance with domestic and overseas laws, rules and
regulations, these shares can be traded on the Main Board of the Hong Kong Stock Exchange.
CCCC Dredging can issue shares overseas and have them listed on the Main Board of the Hong
Kong Stock Exchange after receiving the approval from the National Council for Social
Security Fund. (HL)
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IPO News
02/09/2015 11:01
CCCC Dredging gets nod to issue 7.3b foreign invested shares