Reuters logo
BRIEF-China Merchants Securities updates on proposed restructuring
February 24, 2017 / 1:26 PM / 7 months ago

BRIEF-China Merchants Securities updates on proposed restructuring

Feb 24 (Reuters) - China Merchants Securities Co Ltd

* Informed by CMG that it agreed to transfer its 90% equity interest in CM Finance, 49% in Yan Qing Investment and 10.55% in CM HK to CM Steam

* CM Steam will become an intermediate controlling shareholder of company

* CMG being China Merchants Group Limited and CM Steam being China Merchants Steam Navigation Co., Ltd Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below