BRIEF-Jiangsu Olive Sensors High-Tech's Controlling Shareholder Set To Change

Reuters
06 May
BRIEF-Jiangsu Olive Sensors High-Tech's Controlling Shareholder Set To Change

May 6 (Reuters) - Jiangsu Olive Sensors High-Tech Co Ltd 300507.SZ:

  • SAYS CONTROLLING SHAREHOLDER AGREES TO TRANSFER 11% STAKE IN CO TO CALB GROUP

  • SAYS CALB AGREES TO ACQUIRE UP TO 119.5 MILLION CO A-SHARES FOR UP TO 672.7 MILLION YUAN VIA PRIVATE PLACEMENT

  • SAYS CALB TO BECOME CO'S CONTROLLING SHAREHOLDER, ACTUAL CONTROLLER

Source text

Further company coverage: 300507.SZ

(Reporting by Beijing Newsroom)

((yukun.zhang@thomsonreuters.com;))

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