China Minsheng Bank (1988) takes over Skyway Securities (1141)

Skyway is a company in what we call the "Chung Nam Network" (CNN). Also involved as a smaller purchaser and subscriber in this deal is China Huarong Overseas, a 51% subsidiary of China Huarong Asset Management (2799). Skyway will distribute its holdings of 2 other CNN members: 13.56% of China Soft Power Technology (CSPT, 0139) and 4.87% of Future World Financial (0572). CSPT owns 15.43% of Skyway, so it will receive shares in itself.

Organisations

Central Wealth Group Holdings Limited 中達集團控股有限公司
China CITIC Financial Asset Management Co., Ltd. 中國中信金融資產管理股份有限公司
China Huarong Overseas Investment Holdings Co., Limited 中國華融海外投資控股有限公司
China Minsheng Banking Corp., Ltd. 中國民生銀行股份有限公司
CMBC Capital Holdings Limited 民銀資本控股有限公司
CMBC INTERNATIONAL HOLDINGS LIMITED 民生商銀國際控股有限公司
Future World Holdings Limited 未來世界控股有限公司

Recommend Webb-site to a friend

In this article

Organisations