Tuesday, September 24, 2013

China Fishery

China Fishery: Latest newsflow surrounds the settlement of its mandatory offer for Copeinca ASA. As at 30 Aug, China Fish owns 99.1% stake of Copeinca ASA and the mandatory offer is required to remain open for four weeks following that for the remaining Copeinca Shares not owned. China Fish intend to retain Copeinca's listing status on Oslo Børs and has received approval from the exchange to not comply with the requirements regarding spread of share ownership until 1 Oct 2014.

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