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Tianjin Marine Shipping Co Ltd Announces Share Merger Reform


Friday, 7 Dec 2012 07:00pm EST 

Tianjin Marine Shipping Co Ltd announced the terms of its share merger reform. The Company will use additional paid-in capital to issue totally 133,927,300 new shares, or 12.9162 new shares for every 10 existing shares to its shareholders of outstanding A shares, and 266,072,700 new shares, or 8.1194 new shares for every 10 existing shares to its holders of outstanding B shares. The Compensation plan is equivalent to the ratio of every 10 tradable shares to be given 3.935 non-tradable shares. 

Company Quote

0.286
0.0010 +0.35%
11 Jul 2014