Jilin Jiutai Rural Commercial Bank Announces Update on Voluntary Cash Offer and Proposed Withdrawal of H Shares Listing

Reuters
Sep 10
Jilin Jiutai Rural Commercial Bank Announces Update on Voluntary Cash Offer and Proposed Withdrawal of H Shares Listing

Jilin Jiutai Rural Commercial Bank Corporation Limited has announced the dispatch of a composite document related to a transaction involving a cash offer by China International Capital Corporation Hong Kong Securities Limited on behalf of the Offeror to acquire all issued H shares in the bank. Additionally, the Offeror has made a cash offer to acquire all issued domestic shares. As part of the transaction, there is also a proposed withdrawal of the listing of the bank's H shares and a continued suspension of trading. The announcement was made jointly with Jilin Financial Holding Group Co., Ltd.

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