Minmetals Development (600058.SH): Application for major asset swap, issuance of shares and cash payment for asset acquisition accepted by the Shanghai Stock Exchange.
Zhitong Finance APP News, Minmetals Development (600058.SH) announced that the company intends to acquire 100% equity of Minmetals Mining Holdings Co., Ltd. and 100% equity of Luzhong Mining Co., Ltd. held by China Minmetals Corporation through asset swap, issuance of shares and payment of cash, and issue shares to no more than 35 specific investors to raise supporting funds. Recently, the company received the "Notice on Accepting the Application of Minmetals Development Co., Ltd. for Purchasing Assets by Issuing Shares and Raising Supporting Funds" issued by the Shanghai Stock Exchange (referred to as the "SSE"). The SSE, in accordance with relevant regulations, checked the application documents related to this transaction submitted by the company, considered that the application documents are complete and comply with statutory forms, and decided to accept them and conduct review in accordance with the law.
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