Jinshi data news on October 9th, Guotai Junan announced that the company is planning a major asset restructuring with Haitong Securities through a stock-for-stock absorption merger and raising supporting funds. The transaction includes the issuance of shares to all A-share and H-share shareholders of Haitong Securities. The company’s A shares will be suspended from trading from September 6, 2024. At present, the relevant audit work has not been completed, and the shareholders’ meeting will not be held temporarily. The company’s stock will resume trading on October 10, 2024. The transaction plan still needs to obtain multiple approvals and approvals, and there are uncertainties. Investors are reminded to pay attention to the risks.
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Guotai Junan: Major asset restructuring plan disclosed, resumption of trading tomorrow
Jinshi data news on October 9th, Guotai Junan announced that the company is planning a major asset restructuring with Haitong Securities through a stock-for-stock absorption merger and raising supporting funds. The transaction includes the issuance of shares to all A-share and H-share shareholders of Haitong Securities. The company’s A shares will be suspended from trading from September 6, 2024. At present, the relevant audit work has not been completed, and the shareholders’ meeting will not be held temporarily. The company’s stock will resume trading on October 10, 2024. The transaction plan still needs to obtain multiple approvals and approvals, and there are uncertainties. Investors are reminded to pay attention to the risks.