Younger invest 14.7 billion yuan more than the proportion of CITIC shares up 4.43% stake

Updated: October 19, 2015  Views: 17

Securities Times Online (www.stcn.com October 19 hearing

Younger invest 14.7 billion yuan more than the proportion of CITIC shares up 4.43% stake

Younger (60,017,710 May 19 evening announcement, September 2, 2015 to October 19, 2015, the company through the secondary market to buy 152 million shares of CITIC shares, the transaction total amount of 1.726 billion yuan of people, representing a year-end after the audited net assets of 10.45%.

As of October 19, 2015, Youngor 1.289 billion shares held by CITIC shares, representing 4.43% of total equity shares of CITIC, the investment cost 14.779 billion yuan.

It is understood that, in August 2015, Younger AGM to authorize the company's management based on a single market and company funds, CITIC shares (00267.HK in the range of not more than 5% of its total share capital, to continue through the secondary market or Other ways to invest in financial assets not included in the restructuring of the scale.

January 1, 2015 to July 17, 2015, through its wholly-owned subsidiary of Younger Younger (Hong Kong Industrial Co., Ltd., a new horse clothing International Ltd. to sell 116 million shares of CITIC shares, and on July 17, 2015 and CITIC Limited signed a share subscription agreement to invest HK $ 11.986 billion, at a price of HK $ 13.95 / share subscription of 859 million shares in the IPO of CITIC shares .2015 on July 18 to September 1, 2015, through the secondary market to buy CITIC Younger Shares 162,000,000 shares, the total transaction amount 1.909 billion yuan, accounting for 11.55% on a year-end audited net assets.

(Securities Times Online News Center


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