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Article: LARGE SHAREHOLDERS OF LISTED CHINESE COS TO INCREASE STAKES.
- Article from:
- AsiaPulse News
- Article date:
- October 14, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Oct 14 Asia Pulse - Controlling shareholders or actual controllers of a number of China's A-share listed companies Tuesday announced to raise stakes in their listing units in the coming 12 months.
According to announcement of these listed companies, the stakes to be raised should be no more than two per cent of the listed companies' total shares.
The controlling shareholders or actual controllers pledged not to cut their shareholding in the equity-raising period or the legal term.
The details are as following:
Controlling shareholder of Beijing North Star Company Ltd. (601588.SH) plans to raise 1.000031 million shares; ...