China National Petroleum Corporation (CNPC) has issued a comprehensive tender offer for the A-shares of Jilin Chemical Industrial Co., Ltd. ("Jilin Chemical") to all shareholders excluding CNPC, as per the China Securities Regulatory Commission's document [2005] 118. The A-share tender offer became effective on January 9, 2006, contingent upon the effectiveness of the H-share tender offer, which was satisfied on January 6, 2006.
000618SZSE
Announcement by China National Petroleum Corporation on Comprehensive Tender Offer for Jilin Chemical Industrial Co., Ltd. A-Shares
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China National Petroleum Corporation has announced a comprehensive tender offer for Jilin Chemical Industrial Co., Ltd. A-shares, aiming to terminate its listing status. The offer price is RMB 5.25 per share for 20 million shares, representing 5.62% of the total share capital. The tender offer period is from January 9, 2006, to February 12, 2006.
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