Jilin Jiutai Rural Commercial Bank Corp. Ltd. Announces Proposed Delisting of H Shares Amid Acquisition Offers
Reuters
Jul 03
Jilin Jiutai Rural Commercial Bank Corp. Ltd. Announces Proposed Delisting of H Shares Amid Acquisition Offers
Jilin Jiutai Rural Commercial Bank Corp. Ltd. has announced a proposed withdrawal of its H shares from listing. The delisting is part of a voluntary conditional general cash offer by China International Capital Corporation Hong Kong Securities Limited on behalf of an unnamed offeror to acquire all issued H shares and domestic shares of the bank. As of now, the bank has not provided a specific date for the delisting. An independent board committee is being established, and trading remains suspended. Further developments will follow as the process continues.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jilin Jiutai Rural Commercial Bank Corp. Ltd. published the original content used to generate this news brief on July 03, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.