June Granville up 5.84% Major shareholders proposed H-shares listed and put up a total purchase stimulus

View the latest quotes Sina Finance January 22 News Chun-wei car (00203) is reported 4.89, counter the city up 5.84%, the company's major shareholders of Guangzhou Auto Group has applied to introduce the form of listing in Hong Kong, and will be arranged by agreement to the new listed shares for the comprehensive acquisition of June Granville. June Wei Automobile issued a notice, the major shareholder of Guangzhou Auto Group has submitted a new listing to HKEx, the introduction of H-share in Hong Kong listing. Guangzhou Auto Group owns about 37.9% of the issued shares of June Granville. The issue of H shares in exchange for a share of June Granville, after the listing Committee approved the listing implementation.　　And the listing proposal is in the form of non-cash to exchange the price of June Granville shareholders hold the June Granville shares, the relevant price and June Granville shares may have a premium or no premium. However, the circular indicates that the entry into force of the agreed arrangements will require the listing of H-shares to be listed on HKEx as the shares in the shares are not listed on HKEx. Therefore, a key element of the proposed comprehensive acquisition is: the entry into force of the Agreement and the completion of the introduction of the listing are mutually conditional.