Shandong High-speed asset reorganization plan finalized

Source: Internet
Author: User
Shandong Expressway (600350) Assets reorganization plan is officially announced.  November 19, Shandong High Speed convened a second board of major assets reorganization, successfully passed the reorganization of various bills. According to the asset assessment report, the company's major asset reorganization is to acquire the total value of the assets of up to 7.512 billion yuan, the target assets include Shandong Expressway Transportation Company (Beijing-Fuzhou high-speed de-qi South, Qi ji Duan, Jitai Duan and Wei-milk high-speed) 100% equity and Shandong High-speed Weifang Road Co., Ltd. 51% of the equity, A total of about 290 kilometers of highways. The company intends to Shandong High-speed Group Co., Ltd. to 5.29 yuan per share of the issue price, the issuance of 1.42 billion shares acquisition of the target assets.

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