Hailiang Group to Increase Hailiang Co. Stake with Up to 1 Billion Yuan, Price Cap at 35 Yuan
Hailiang Co. , Ltd.' s controlling shareholder, Hailiang Group, plans to increase its stake in the company within six months from the date of the announcement. The increase will be carried out through centralized bidding and block trading, with a total amount of no less than RMB 600 million (inclusive) and no more than RMB 1 billion (inclusive), and a purchase price not exceeding RMB 35 per share.
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