Shandong high speed to issue shares purchase assets to major shareholders

Source: Internet
Author: User
Keywords Shares to
Shandong high-speed (600350) November 19 Evening announced the issuance of shares to implement major asset purchase plans.  The company intends to issue shares to the controlling shareholder Shandong High Speed Group Co., Ltd to acquire 100% stake in Shandong Expressway Operation and Management Co., Ltd. and 51% stake in Shandong High Speed Weifang Road Co., Ltd. Shandong High-speed said, to the acquisition of assets of the evaluation value of 7.511 billion yuan, the company is proposed to the high-speed group issued 1.42 billion shares, the issue price of 5.29 yuan/share.
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