Guolian Minsheng (01456) plans to publicly list and transfer 33.409% of shares of China Resources Fund.
Guolian Life (01456) announced that, in order to optimize the company's resource allocation, the company intends to transfer 33.409% of the equity of China Life Fund Management Co., Ltd. ("China Life Fund") held by the company in a public listing and joint transfer with Crdit Lyonnais of France, with a total equity ratio of 58.409% jointly transferred by both parties.
Guolian Minsheng (01456) announced that, in order to optimize the company's resource allocation, the company plans to transfer the 33.409% equity stake (with a total of 58.409% jointly transferred with BNP Paribas) of China AMC held by the company through a public listing and joint transfer with BNP Paribas. The transferee must simultaneously delist the company and BNP Paribas' holdings of China AMC equity. The initial listing price for the public transfer of the 33.409% equity stake in China AMC held by the company shall not be lower than the evaluation result approved by the state-owned assets. China AMC is a mutual fund management company in which the company has a stake, with a shareholding structure of 41.591% held by China Trust, 33.409% held by the company, and 25.000% held by BNP Paribas. After the transfer is completed, the company will no longer hold any equity stake in China AMC.
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