Jilin Jiutai Rural Commercial Bank Corp. Ltd. has announced a proposed withdrawal of its H shares from listing. The delisting is part of a voluntary conditional general cash offer by China International Capital Corporation Hong Kong Securities Limited on behalf of an unnamed offeror to acquire all issued H shares and domestic shares of the bank. As of now, the bank has not provided a specific date for the delisting. An independent board committee is being established, and trading remains suspended. Further developments will follow as the process continues.
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