North China Expressway Co., Ltd. (hereinafter referred to as "the Company" or "North China Expressway") published the "Notice on the Share Exchange Absorption by China Merchants Highway Network Technology Holdings Co., Ltd." and the "Notice on the Implementation of Cash Option Distribution for Dissenting Shareholders of North China Expressway Co., Ltd." on November 28, 2017. The Company's stock will be suspended from trading starting December 5, 2017, and will enter the cash option distribution, exercise declaration, and settlement phase, after which it will no longer be traded until it is converted into shares of China Merchants Highway Network Technology Holdings Co., Ltd. (hereinafter referred to as "China Merchants Highway") listed on the Shenzhen Stock Exchange. December 4, 2017, will be the last trading day for the Company's stock, and investors are advised to take note.
000916SZSE
Notice on the Continuous Suspension of Company Stock Until Delisting
✨ AI Summary
This announcement informs that the stock of North China Expressway Co., Ltd. will be suspended from trading starting December 5, 2017, until it is delisted. The last trading day is December 4, 2017. Shareholders will have the option to exercise cash rights at a price of 4.49 CNY per share. Investors are advised to pay attention to the risks involved.
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