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CITIC BANK Receives Notice from SSE to Suspend Review Process of Placing Shrs to Existing A Shareholders
Recommend 7 Positive 3 Negative 8 |
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Recently, CITIC BANK (00998.HK) received a notice from the Shanghai Stock Exchange (SSE), according to CITIC BANK's announcement. Due to the situation (ii) provided in the Article 60 of the Rules Governing the Review of Offerings and Listing of Stocks on the SSE, CITIC BANK should change the accounting firm it has engaged for its application of issuing Rights Shares to existing A Shareholders, namely PricewaterhouseCoopers Zhong Tian LLP. As a result, according to relevant requirements, the SSE suspended the review process of offering and listing for the bank's issuance of Rights Shares to existing A Shareholders. CITIC BANK will actively take relevant measures and complete the change to apply for the resumption of the review process for issuing Rights Shares to existing A Shareholders with the SSE as soon as possible. AAStocks Financial News |
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