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SICHUAN HEJIA CO.,LTD (600093)Controlling Shareholders' Shares ReleasedAccording to notices received recently from the People's Court of Jinjiang, Chengdu, and the Chengdu Intermediate People's Court, both courts have requested the China Securities Depository & Clearing Corporation Limited (CSDC), Shanghai branch to respectively release 125,249,625, 125,249,625 and 125,249,625 restricted shares in the company, currently held by Sichuan Hejia Industry Group Co., Ltd., the company's controlling shareholder. The shares were judicially frozen on 20 Aug 2008 for a two-year period due to a lawsuit on a loan dispute between Sichuan Hejia and Agricultural Bank of China, Chengdu Zhongfu sub-branch.
Meanwhile, both courts have also requested the CSDC, Shanghai branch to release
Sichuan Hejia Industry Group's 5 mln restricted shares out of the 23 mln frozen restricted shares in the company. The 23 mln restricted shares were judicially frozen on 24 Oct 2007 for a one-year period due to a lawsuit on a loan dispute between Sichuan Hejia Industry Group and Industrial and Commercial Bank of China, Chengdu Gaoxin sub-branch. The remaining 18 mln restricted shares will remain frozen from 25 Oct 2008 to 24 Oct 2009. |
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Copyright NewsnChina 2010 |