Changan Minsheng APLL Logistics (HKG:1292) said the China Securities Regulatory Commission or CSRC approved its registration application for issuing 40 million new inclusive domestic shares to specific investors, a Thursday bourse filing said.
The company had agreed to issue 40 million new domestic shares to China South Industries Assets Management for 101.9 million yuan at 2.2.54648 yuan apiece on Aug. 22, 2024. The transaction required CSRC's approval.
The to-be-issued shares represent 19.80% of the enlarged share capital of the company.
The approval was issued on Feb. 27 and received by the company on the filing date.
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