Nippon Broadcasting Fashion (603196.SH) plans major asset restructuring and suspends trading from October 18

Zhitongcaijing · 10/17 10:01

Zhitong Finance App News, Nippon Broadcasting Fashion (603196.SH) announced that the company is planning to issue shares and pay cash to purchase a controlling interest in Sichuan Indile Material Technology Group Co., Ltd. and raise supporting capital. The transaction is expected to constitute a major asset restructuring and a related transaction.

Following an application from the Shanghai Stock Exchange, trading of the company's shares will be suspended from the opening of the market on October 18, 2024 (Friday). It is expected that trading will be suspended for no more than 10 consecutive trading days.