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CNOOC Raises Shareholding in CHINA OILFIELD to 50.86%; Shareholding Increase Plan Extended to Apr 2027
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CHINA OILFIELD (02883.HK) announced an update on the progress of the plan of its controlling shareholder, CNOOC (00883.HK), to increase its shareholdings of the shares of the Company. As of today (2nd), CNOOC increased its shareholding by 16.008 million H shares of the Company through transaction on the trading system of the Stock Exchange, representing approx. 0.34% of the total issued shares of the Company, with the accumulated amount of approx. RMB80.9817 million for the shareholding increase. After the implementation of the shareholding increase, CNOOC holds a total of approx. 2.427 billion shares of the Company, representing approx. 50.86% of the total issued shares of the Company. Based on the confidence in the future sustainable and steady development of the Company and recognition of the value of long-term investment in the Company, CNOOC proposes an extension of the shareholding increase plan by 12 months to 8 April 2027. Auto-translated by AI AASTOCKS Financial News |
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