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Corporate digest
Published Wed, Mar 6, 2019 · 09:50 PM
Fabchem China
FABCHEM China announced after trading hours on Wednesday that ongoing discussions in relation to a sale of the company's shares by an undisclosed shareholder could lead to a possible general offer for all the shares. The company cautioned that no definitive agreements have been entered into and there is no certainty that the possible transaction could proceed.
It said that it has decided to voluntarily suspend trading of its shares to avoid irregular movements in share price.
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