UOB Confirmed As Cornerstone Investor Of Everbright Bank's HK IPO

Date:2011-09-06     Source:hangmeilile  Text Size:

September 5 -- United Overseas Bank (UOB) confirmed that it is one of the cornerstone investors of China Everbright Bank's (601818.SH) H share initial public offering, reports China Business News.

Everbright Bank had confirmed 12 cornerstone investors, which will subscribe to one-third of the bank’s total shares outstanding before its Hong Kong listing, according to previous media reports which cited informed sources. 

In addition, UOB is the second-largest shareholder of Evergrowing Bank, with a stake of 14.71 percent

2005-2011 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1