Articles > Reference > News Wires, White Papers, and Books > AsiaInfo Services news wires > November 2005

Article: TWO LISTED FIRMS ANNOUNCED NON-TRADABLE SHARE REFORM PLANS

Article from:
AsiaInfo Services
Article date:
November 9, 2005
Copyright

AsiaInfo Services
11-09-2005
Two Listed Firms Announced Non-tradable Share Reform Plans

BEIJING, Nov 09, 2005 (SinoCast via COMTEX) -- Tangshan Iron and Steel Co., Ltd. (000709.SZSE) and Anhui Guotong Hi-tech Pipes Industry Co., Ltd. (600444.SHZE), two companies participating in the non-tradable share reform in the seventh block, announced their respective plans on November 4.

Tangshan Iron and Steel will pay the considerations with reserves, or 4.8107 shares for every 10 tradable shares.

The Shenzhen-listed company will not trade or dispose of its non-tradable shares within three years. In the two years following the above-mentioned period, the company may dispose of its ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Six listed energy companies to divest non-tradable ...
China Business News;  June 20, 2005 ;     665 words ... ... the form of non-tradable shares meant that the majority ... disposal of non-tradable shares, most of which are ... the non-tradable share reform. Six energy companies to divest non-tradable shares in the second round ...

Article: NON-TRADABLE SHARES TO FLOOD CHINESE MARKETS IN ...
AsiaPulse News;  September 29, 2009 ;     686 words ... ... addition, the non-tradable shares to be unlocked next ... the number of non-tradable shares, which is estimated ... Chinese non-tradable share reform plan was carried ... can hold onto their tradable shares. Zhang Gang, an ...

Article: China considers allowing overseas share investors to hold ...
Xinhua News Agency;  October 24, 2005 ;     474 words ... ... be allowed to hold tradable shares as strategic investors ... on the holding of tradable shares by the overseas investors ... are allowed to hold tradable shares only through qualified ... step up its pace of share reform in the near future ...

Article: SINOPEC TO BUY BACK NON-TRADABLE SHARES FOR ...
AsiaInfo Services;  August 29, 2006 ;     318 words ... ... to Buy back Non-tradable Shares for CNY11.895bn ... will buy back non-tradable shares held by China Cinda ... than 5 percent non-tradable shares of Sinopec. Calculated ... its non-tradable share reform into force for a ...

Article: 2.03BN NON-TRADABLE SHARES OF MINSHENG BANKING OKED ...
AsiaInfo Services;  October 24, 2006 ;     311 words ... ... 10-24-2006 2.03bn Non-tradable Shares of Minsheng Banking Oked to ... Total 2.030 billion non-tradable shares of China Minsheng Banking Corporation ... approved its non-tradable share reform program on October 17, 2005 ...

Article: MEILING KICKS OFF NON-TRADABLE SHARES REFORM
AsiaInfo Services;  August 6, 2007 ;     310 words ... ... 2007 Meiling Kicks off Non-tradable Shares Reform SHENZHEN, Aug 06, 2007 ... In terms of the solution of share reform issued in April this year ... the right to float their non-tradable shares in the stock market. The home ...

Article: 749 SHANGHAI-LISTED COMPANIES HANDLE NON-TRADABLE ...
AsiaInfo Services;  November 21, 2006 ;     300 words ... ... Shanghai-listed Companies Handle Non-tradable Shares SHANGHAI, Nov 21, 2006 (SinoCast ... companies kicked off the nontradable share reform on November 19, 2006. By far, 749 ... companies that should make non-tradable share reform have moved forward or already completed ...

Article: UNLOCKED NON-TRADABLE SHARES FLOOD INTO CHINA ...
AsiaPulse News;  December 16, 2008 ;     700+ words ... ... Dec 16 Asia Pulse - Unlocked non-tradable shares flooded into the Chinese market in ... show that 694 million unlocked non-tradable shares flew into markets in November, up ... in over July. The unlocked non-tradable shares on the Shanghai and Shenzhen bourses ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives