China Petroleum & Chemical Corporation announced the results of the first phase of the remaining share acquisition for Yangzi Petrochemical. As of May 25, 2006, a total of 5,194,424 shares were declared for sale at a price of 13.95 yuan per share, amounting to a total acquisition cost of 72,462,214.80 yuan. The transfer and registration procedures have been completed, and funds were credited to shareholders' accounts by May 31, 2006.
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China Petroleum & Chemical Corporation announces the results of the first phase of the remaining share acquisition for China Petrochemical Yangzi Petrochemical Co., Ltd.
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