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Chinalco issues shares to purchase assets CITIC Securities acts as Financial adviser

iconJul 31, 2018 13:13
Source:SMM

SMM7, July 31: Citic Securities Co., Ltd. signed an independent financial adviser's verification opinion on the industrial policy and transaction types of Chinalco's issuance of shares for the purchase of assets and related transactions.

Chinalco intends to contact Huarong Ruitong Equity Investment Management Co., Ltd., China Life Insurance Co., Ltd., Shenzhen Zhaoping Chinalco., Ltd. (limited partnership), China Xinda Asset Management Co., Ltd., China Pacific Life Insurance Co., Ltd., Bank of China Financial assets Investment Co., Ltd., ICBC Financial assets Investment Co., Ltd., Agricultural Bank of China Financial assets Investment Co., Ltd., Purchase its total stake of 25.6748% in Baotou Aluminum Co., Ltd., 30.7954% in Chinalco Shandong Co., Ltd., 36.8990% in Chinalco and 81.1361% in Chinalco Mining Co., Ltd. Citic Securities Co., Ltd. acted as an independent financial adviser for the transaction.

The following are the details of the verification opinion of CITIC Securities' independent financial adviser:

Citic Securities
Chinalco
shares
assets
Verification opinion

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