25 September 2018

Quanjude wins nod for share placement plan, filing says

Restaurant operator China Quanjude (Group) Co. Ltd. (002186.CN) has won approval from the Beijing State-owned Assets Supervision and Administration Commission for a private share placement plan, according to a regulatory filing late Monday. The company will place up to 24.9 million A-shares with its major shareholders. After the placement, controlling shareholder Beijing Tourism Group will see its stake go up to 42.72 percent.

–Contact HKEJ at [email protected]



EJI Weekly Newsletter

Please click here to unsubscribe