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01088 CHINA SHENHUA
RTNominal up13.000 +0.080 (+0.619%)
Others

09/06/2020 14:56

CST Group (00985) buys Shenhua (01088) shares

[ET Net News Agency, 9 June 2020] CST Group Limited (00985) said through a series of
acquisitions on 8 June 2020, Skytop Technology Limited (the acquirer), an indirect
wholly-owned subsidiary of the company, acquired a total 3,097,500 China Shenhua shares on
the open market at an aggregate consideration of approximately HK$40,700,000 (exclusive of
transaction costs). The average price (exclusive of transaction costs) for the acquisition
of each China Shenhua Share is approximately HK$13.14.
China Shenhua (01088) and its subsidiaries are principally engaged in the production and
sale of coal and electricity, railway, port and shipping transportation, and
coal-to-olefins businesses. (RC)

Remark: Real time quote last updated: 03/08/2020 17:58
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