Dongwu Securities: The M&A and Restructuring Committee will review the purchase of shares in Donghai Securities
2026-11-10 21:06:19
According to CoinMeta, Dongwu Securities announced that the company intends to purchase 83.68% of the shares in Donghai Securities Co., Ltd. held by 60 parties, including Changzhou Investment Group Co., Ltd., by issuing shares and paying cash. As arranged by the Merger and Acquisition Review Committee of the Shanghai Stock Exchange, the committee is scheduled to hold its 23rd review meeting for 2026 on November 17, 2026, to examine the company's transaction application. This transaction is still subject to obtaining the necessary approvals, certifications, or consent for registration before it can be officially implemented. There is still uncertainty as to whether it will be able to proceed and when it will ultimately be carried out.
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Source:Jin10 Data
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