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English > Finance > Finance-Breakingnews>Anhui Gujing Denies Reported Employee Share Offer Plan

Anhui Gujing Denies Reported Employee Share Offer Plan

06-09 19:19 Caijing

Full article in Chinese here: http://www.caijing.com.cn/2009-06-09/110180106.html

» Liquor producer Anhui Gujing Distillery Co. says it does not plan to place private shares with employees and management, according to  a Shenzen Stock Exchange statement on June 9.
» This is contrary to the 21st Century Business Herald report on June 6, which said that Anhui Gujing's parent Anhui Group Co. will put 15 percent of shares with employees after putting 40 percent of company for auction.  Anhui Gujing Distillery Co. denies this.
» The auction will be open until June 18 and held at Hefei Assets and Equity Exchange with floor price of 465 million yuan.
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