June 7 (Reuters) - Yankuang Energy Group Co Ltd 600188.SS :
- PROGRESS UPDATE ON POTENTIAL TRANSACTIONS
- ISSUES RAISED BY YANCOAL INDEPENDENT BOARD COMMITTEE ARE ACKNOWLEDGED
- POTENTIAL CONSIDERATION FOR TRANSACTIONS WAS DERIVED AFTER CONSIDERING LONG TERM FACTORS SUCH AS HISTORICAL TRADING PRICE OF YANCOAL
- SHORT TERM FACTORS HAVE CAUSED COAL PRICES TO SURGE IN RECENT TIMES, WHICH HAS DRIVEN PRICE OF YANCOAL SHARES SIGNIFICANTLY HIGHER
- BELIEVES POTENTIAL TRANSACTIONS WOULD PROVIDE OPPORTUNITY FOR YANCOAL SHAREHOLDERS WISHING TO EXIT BUT NOT ABLE TO DO
- YANKUANG ENERGY LOOKS FORWARD TO CONTINUING ITS DISCUSSIONS WITH YANCOAL INDEPENDENT BOARD COMMITTEE
(([email protected];))
News: YAL Yankuang Energy says Issues Raised By Yancoal Independent Board Committee Are Acknowledged
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