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FINWIRES

CICC Settles Dissenting A-Shares to Shareholders

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China International Capital (SHA:601995, HKG:3908), or CICC, completed the settlement of dissenting Shanghai-listed shares, known as A shares, in relation to its merger with Cinda Securities (SHA:601059) and Dongxing Securities (SHA:601198), according to a Shanghai bourse filing on Thursday.

Shenwan Hongyuan (SHE:000166, HKG:6806) served as the provider of the purchase request right for the dissenting A-share shareholders.

The funds will be distributed to shareholders within five days from Wednesday, Sept. 23.

What else is happening in Asia?

Asia

Shenzhen Megmeet Electrical Buys Out 46.3% Stake in Subsidiary

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SHE:002851
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Zhejiang Wanliyang Appoints CFO

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SHE:002434
Asia

Carimin Petroleum Raises Stake in Sealink International to 25.3%

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KLSE:CARIMINKLSE:SEALINK