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megawaysfreespinsnodeposit| Nanjing Business Travel: Planning to issue shares and pay cash to purchase assets, stock suspension

2024-05-24 19:16:27

megawaysfreespinsnodeposit| Nanjing Business Travel: Planning to issue shares and pay cash to purchase assets, stock suspension

Nanjing Business Travel (600250) announced in the evening of May 24megawaysfreespinsnodeposit, the company is planning to purchase 100% equity interest in Huangpu Hotel held by Tourism Group and 49% equity interest in Nanshang Operation held by Nanjing Commercial Building by issuing shares and paying cash, and raise matching funds. After the completion of this transaction, Huangpu Hotel and Nanshang Operation will become wholly-owned subsidiaries of the company. The company's shares will be suspended from the market opening on Monday, May 27, 2024, and the suspension period is expected to not exceed 10 trading days.