Industrial Bank Completes Acquisition Of Trust Co.

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Industrial Bank Completes Acquisition Of Trust Co. - ResearchInChina

Date:2011-08-10wangxin Text Size:

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Industrial Bank Co.,Ltd.(601166.SH)

Industrial Bank (601166.SH) reported that Lefu Construction and Investment Group plans to transfer its 21.6 million shares of the bank to the Fujian Provincial Ministry of Finance free of charge, reports yicai.com, citing a company filing.

The proposed transfer is pending approval of the China Securities Regulatory Commission.

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