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05 Dec
04:30

Zhongyuan Special's merger deal meets all regulatory conditions

The listed company of Zhongyuan Special Steel reported to the Shenzhen Stock Exchange (SZSE) on 4 December that it has received permission from the China Securities Regulatory Commission for its meger deal. This means that Zhongyuan Special has met all the conditions for the transaction, which will see Cofco conduct a backdoor listing, Kallanish notes. Zhongyuan Special Steel's listed company announced on 3 December it would suspend trading of…
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