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Announcement Selection | China Life Insurance's net profit for the first three quarters is expected to increase by 165%-185%; china coal energy's coal sales volume increased by 18.5% in September.
Chinasoft Int'l: Multiple Hongmeng projects are accelerating the innovation of financial business; United Lab: Amoxicillin granules pass consistency evaluation.
Sinotrans Limited intends to spend 0.271 billion to 0.542 billion yuan to repurchase A shares.
Sinotrans Limited (00598) announced that the board of directors of the company will hold a meeting on October 16, 2024 to review and approve (including) the plan for repurchasing A-shares. They agreed that the company plans to use no less than RMB 0.271 billion (inclusive) and no more than RMB 0.542 billion (inclusive) of its own or self-raised funds to repurchase A-shares through centralized competitive trading. The repurchase price ceiling is RMB 7.43 per share; the repurchase period shall not exceed 12 months from the date of approval by the shareholders' meeting; the repurchased shares will all be cancelled and the company's registered capital will be reduced.
Sinotrans Limited (00598.HK) will hold a board of directors meeting on October 25th to approve the third quarter performance.
Gelonghui October 15th | Sinotrans Limited (00598.HK) announced that the company will hold a board of directors meeting on October 25, 2024, to consider and approve (including) the unaudited performance of the company and its subsidiaries for the third quarter ending September 30, 2024, and its release.
SINOTRANS: NOTICE OF BOARD MEETING
HK Stock Market News: Sinotrans Limited (00598) surged more than 6% in the afternoon, with the controlling shareholder planning to increase its A-shares holding by up to 0.5 billion. The chairman proposed the company to repurchase A-shares.
Sinotrans Limited (00598) rose over 6% in the afternoon, as of the deadline, up 4.79%, trading at 4.16 Hong Kong dollars, with a turnover of 0.102 billion Hong Kong dollars.
Sinotrans Plans to Repurchase Up to 542 Million Yuan of Shares; Shares Rise 6%
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