Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

China Mobile Communications Corporation : An announcement

08/16/2012 | 03:21am 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
Latest news
Date Title
1m ago URBAN OUTFITTERS : Is Finally Here
1m ago WELLS FARGO : Advantage Closed-End Funds Declare Monthly Dividends
1m ago Supporting the 2014 Skate Canada International Grand Prix of Figure Skating
2m ago Chi Limited signs partnership with Man Utd
6m ago SHAREHOLDER ALERT : Brodsky & Smith, LLC Announces Investigation of Greater Sacramento Bancorp in Connection with the Sale of the Company
9m agoDJGermany Plans to End Autobahn's Free Ride With Toll
11m ago ESB FINANCIAL : Harwood Feffer LLP : Announces Investigation of ESB Financial Corp.
11m ago AVIV REIT : Harwood Feffer LLP : Announces Investigation of Aviv REIT, Inc.
17m ago COAL INTE : Coastal Wins Award
22m ago GORDON CREEK ENERGY INC. : Corporate Update
Latest news
Advertisement
Hot News 
BANCO ESPIRITO SANTO : Angola brings oil firm Sonangol into local BES bank
1SPATIAL : Interim Results for the six month period ended 31 July 2014
ULS TECHNOLOGY : Plunges As Improved Results Still Won't Meet Forecasts
REGIONAL MANAGEMENT : NYSE stocks posting largest percentage decreases
AMBER ROAD : NYSE stocks posting largest volume increases
Most Read News
58m ago NETFLIX : Amazon hits back in on-demand TV war with Netflix: Comedy drama Transparent hailed as internet service's answer to House of Cards
48m ago EXCLUSIVE - U.S. PROBING STANDARD CHARTERED OVER DUBAI BANKING : sources
51m ago Unknown election outcome is stocks' big fear
1h ago PROSPECT CAPITAL : Invests $55.4 Million in 16 Apartment and Self-Storage Real Estate Properties, Bringing Its Total Real Estate Portfolio to 48...
58m ago GAZPROM : Russia Gas supplies to Ukraine could be back next week
Most recommended articles
9m agoDJGermany Plans to End Autobahn's Free Ride With Toll
48m ago EXCLUSIVE - U.S. PROBING STANDARD CHARTERED OVER DUBAI BANKING : sources
51m ago Unknown election outcome is stocks' big fear
1h agoDJCnova Sets IPO Price Range at $12.50 to $14 a Share
1h ago Brazil gives go-ahead to 31 solar parks in push for new energy
Dynamic quotes  
ON
| OFF