Shougang Group to sell 19.18% equity of Jingtang Company
2019-12-10 15:56:37 [Print]
Beijing Shougang Co., Ltd. announced on the evening of December 6 that it recently received a notice from its controlling shareholder Shougang Group that Shougang Group planned to sell its 19.1823% equity in Shougang Jingtang Company to Beijing Jingtou Investment Holding Co., Ltd. and Beijing Jingguorui State-owned Enterprise Reform and Development Fund (limited partnership) through non-public agreement.
Shougang Jingtang Company is a company jointly invested by Beijing Shougang (holds 51% equity) and Shougang Group (holds 49% equity). Beijing Shougang intended to waive the preemptive right enjoyed in this equity transfer.
Shougang Jingtang Company is a company jointly invested by Beijing Shougang (holds 51% equity) and Shougang Group (holds 49% equity). Beijing Shougang intended to waive the preemptive right enjoyed in this equity transfer.
