
L&T City major shareholder plans to increase holdings by 1% to 2% of the company's shares

According to the Zhitong Finance APP, L&T City announced that it recently received a letter from its controlling shareholder regarding the "Shaoxing Keqiao District Development and Operation Group Co., Ltd. intends to increase its holdings in L&T City shares." The Development and Operation Group plans to increase its holdings of L&T City A-shares within 12 months from the date of the announcement, with the intended purchase price not exceeding RMB 4.00 per share, the number of shares to be increased not exceeding 29.33 million shares, and the increase not exceeding 2% of the company's total share capital, and not less than 1% of the company's total share capital
According to the announcement from Zhitong Finance APP, L&T City (600790.SH) has received a letter from its controlling shareholder regarding the "Shaoxing Keqiao District Development and Operation Group Co., Ltd. plans to increase its holdings in L&T City shares." The development and operation group plans to increase its holdings of L&T City A-shares within 12 months from the date of the announcement, with a purchase price not exceeding RMB 4.00 per share, the number of shares to be increased not exceeding 29.33 million shares, and the increase not exceeding 2% of the company's total share capital and not less than 1% of the company's total share capital

