DISPOSAL OF 328 MILLION CITIC RESOURCES SHARES

PUBLISHED : Monday, 05 May, 2003, 12:00am
UPDATED : Monday, 05 May, 2003, 12:00am
 

A controlling shareholder of Citic Resources has agreed to dispose of 328 million shares - 9.95 per cent of the issued share capital - to independent placees. Shares in Citic Resources were suspended on Friday pending the announcement. The disposal by United Star International is expected to be completed by May 7.


Share

 

Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

Enter multiple addresses separated by commas(,)

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive