Sinotrans' (HKG:0598, SHA:601598) controlling shareholder, China National Foreign Trade Transportation Corp., applied for a 300 million yuan loan to increase its company holdings, according to a Shanghai Stock Exchange filing on Sunday.
The shareholder sought the loan from China Merchants Bank (HKG:3968, SHA:600036).
The parent planned to raise its stake in the logistics company by about 250 million yuan ti 500 million yuan within six months. Each share will be priced at up to 7.43 yuan, the filing said.
Shares of the company jumped more than 4% in Hong Kong and rose 3% in Shanghai recently.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。