Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

China Mobile Communications Corporation : An announcement

08/16/2012 | 02:21am US/Eastern

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CHINA MOBILE LIMITED

(Incorporated in Hong Kong with limited liability under the Companies Ordinance)

(Stock Code: 941)

ANNOUNCEMENT

The Company has entered into preliminary discussions with Anhui USTC in respect of potential subscription by the Company (or one of its subsidiaries) of new shares in Anhui USTC on a non-public offering basis and certain strategic cooperation with Anhui USTC. As of the date of this announcement, the Company has not entered into any agreement with respect to the proposed transaction or implemented the proposed transaction and the proposed transaction does not involve acquisition of a control stake in Anhui USTC. In the meantime, investors are advised to exercise caution in dealing in the securities of the Company.

China Mobile Limited (the "Company") hereby announces that it has entered into preliminary discussions with ANHUI USTC IFLYTEK Co. Ltd ("Anhui USTC"), a company listed on the Shenzhen Stock Exchange, in respect of potential subscription by the Company (or one of its subsidiaries) of new shares in Anhui USTC on a non-public offering basis and certain strategic cooperation with Anhui USTC. As of the date of this announcement, the Company has not entered into any agreement with respect to the proposed transaction or implemented the proposed transaction and the proposed transaction does not involve acquisition of a control stake in Anhui USTC. The Company will provide appropriate updates to its shareholders and investors as and when such are required by the Hong Kong Listing Rules.
In the meantime, investors are advised to exercise caution in dealing in the securities of the Company.
By Order of the Board China Mobile Limited Wong Wai Lan, Grace Company Secretary
Hong Kong, 16 August 2012

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Xi Guohua, Mr. Li Yue, Mr. Xue Taohai, Madam Huang Wenlin, Mr. Sha Yuejia, Mr. Liu Aili and Mr. Xu Long as executive directors, Dr. Lo Ka Shui, Mr. Frank Wong Kwong Shing and Dr. Moses Cheng Mo Chi as independent non-executive directors.

distributed by
React to this article
Latest news
Date Title
04:11a DIRECTCASH PAYMENTS : DC Payments, BMO sign ATM deal covering Shell Canada locations
04:11a Analysis - If Greece falls, no one wants their prints on the murder weapon
04:11aDJNepal Earthquake Brings Everest Avalanche -- 2nd Update
04:08a If Greece falls, no one wants their prints on the murder weapon
03:53a ASIANA AIRLINES : plane moved nearly 2 weeks after botched landing
03:50a NATIONAL BANK OF ABU DHABI : NBAD participates in National Career Exhibition in Dubai
03:50a NORTHROP GRUMMAN : Fujairah Gladiators win top prize in UAE Innovation Challenge 2015
03:47a GO : to invest over €50 million to launch 'internet of the future'
03:45a STRAUMANN : UPDATE – Straumann: Invitation – 2015 First-quarter sales report – Conference call and audio webcast
03:37a HSBC : SACO's IPO covered 191% in 3rd day
Latest news
Advertisement
Hot News 
GCP STUDENT LIVING : Dividend Declaration and Net Asset Valuation
AERIE PHARMACEUTICALS : Pharma plunges aftermarket as Rhopressa study fails
SYQIC : Gets Working Capital Facility Offer, Improves Cash Position
INNATE PHARMA : and AstraZeneca announce global agreement for IPH2201 in immuno-oncology
French Connection warns on full-year results
Most Read News
04/25 DEUTSCHE BANK : to keep 500 German retail branches - Welt am Sonntag
04/25 KROGER : accounting celebrates 20 years of growth in Hutchinson
04/25 MANCHESTER UNITED : Rooney, Abramovich, Branson in UK Rich List
04/25 SOLARCITY : Town of Plattsburgh exploring solar project
04/25 MICROSOFT : Forty Years and a Big Slip
Most recommended articles
04:11aDJNepal Earthquake Brings Everest Avalanche -- 2nd Update
04:11a Analysis - If Greece falls, no one wants their prints on the murder weapon
04:08a If Greece falls, no one wants their prints on the murder weapon
02:22aDJVolkswagen Chairman Piech Resigns -- 2nd Update
12:23a Cuts to pay and perks trigger flight from China's state banks
Dynamic quotes  
ON
| OFF