Back    Zoom +    Zoom -
TIANQI LITHIUM Intends to Sell Off Max. ~3.566M Class A Shrs in SQM
Recommend
1
Positive
2
Negative
1
TIANQI LITHIUM (09696.HK) announced that its board had considered and approved the Proposal on the Disposal of Part of Equity Interest in an Investee at an Appropriate Time.

The company intends to dispose of up to around 3.566 million Class A shares in SQM it held at an appropriate time, representing no more than 1.25% of SQM’s total shares, provided that such disposal of shares does not trigger a scenario requiring the company to submit to the Shareholders' General Meeting for consideration and approval in accordance with the Listing Rules and the Rules Governing the Listing of Stocks on Shenzhen Stock Exchange.

Related NewsJPM Foresees Higher M&A Likelihood for TIANQI LITHIUM After Completing Shr Placement & CB Issuance, Warns of Potential Equity Dilution

AAStocks Financial News