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Zhaojin Mining Acquires Weihai Bank Shares in Key Deal
Zhaojin Mining (01818) financial company transferred 68.712 million H shares of Weihai Bank (09677) to SPIC.
Zhaojin Mining (01818) announced that on October 25, 2024, Spaico entered into a share subscription agreement with the finance company...
Zhaojin Mining (01818.HK) subsidiary plans to spend 0.18 billion yuan to acquire approximately 68.71 million H shares of Weihai Bank, accounting for 1.15% of the total share capital.
Zhaojin Mining (01818.HK) announced that its wholly-owned subsidiary, Specco, entered into a share transfer agreement with Shandong Zhaojin Group today (25th). Shandong Zhaojin Group Finance agreed to transfer 68.712 million H shares of Weihai Bank (representing approximately 1.15% of the total issued share capital of Weihai Bank) to Specco at a price of 0.18 billion yuan, at a target share price of 2.63 yuan per share. The announcement disclosed that the original cost of Shandong Zhaojin Group Finance for acquiring 68.712 million H shares of Weihai Bank was approximately 0.221 billion yuan. (js/k)~
Weihai Bank (09677.HK) has changed its chairman and CEO.
Weihai Bank (09677.HK) announced that due to work adjustments, Tang Xianguo will no longer serve as the Chairman of the bank. The company appoints executive director Meng Dongxiao as the Chairman and no longer serves as the President. The company appoints executive director Zhang Wenbin as the President.
WEIHAI BANK: 2024 INTERIM REPORT
Weihai City Commercial Bank's H1 Attributable Profit Rises on Higher Net Interest Income
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