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GTJA Completes H-shr Shr Exchange, Changes Name to 'Guotai Haitong Securities' After Merger
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The H share Share Exchange has been completed last Friday (14th), according to GTJA (02611.HK)'s announcement. Nearly 3.41 billion Haitong Securities H-shares held by Haitong H Shareholders have been exchanged into nearly 2.114 billion GTJA H-shares at the Exchange Ratio. Closing has taken place on 14 March, upon which the Post-Merger Company will assume all assets, liabilities, businesses, employees, contracts, qualifications and all other rights and obligations of Haitong Securities. The legal status of Haitong Securities will subsequently be cancelled and deregistered. In order to better reflect the actual situation of the Company after the merger, GTJA will be renamed as “Guotai Haitong Securities Co., Ltd.” and abbreviated as “Guotai Haitong” (literal translation of "國泰海通"), while the stock code will remain unchanged. AAStocks Financial News |
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