CHINA JINMAO's controlling shareholder has accumulated an additional 177 million shares of the company
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CHINA JINMAO Holdings' shareholder Sinochem Hong Kong plans to increase its stake in the company, having acquired approximately 177 million ordinary shares, representing a stake of about 38.40%. Sinochem Hong Kong will ensure that the increase in shareholding will not trigger a mandatory takeover obligation. The company stated that it will still maintain a sufficient level of public shareholding
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