UBS sell kitchen cabinets s 3.38 bln H-shares in Bank of China
kitchen cabinets dongfeng cummins pantalon sarouel Protocol converter one shoulder dress pvc windows artist canvas meter box nitrogen plant magnetic contactor iron oxide Table cloth coffee table cheapest wedding dress vacuum emulsifying machine dresses to wear to a wedding Soutien-gorge flow meter extruder lunette de soleil
UBS sells 3.38 bln H-shares in Bank of ChinaPublished: 05 Jan 2009 00:03:42 PST

Jan. 5, 2009 (China Knowledge) - Swiss bank UBS AG sold 3.38 billion H-shares of Bank of China<601988><3988> to several institutional investors for about US$835 million, sources reported.

The 3.38 billion H-shares accounted for 1.33% of BOC's total capital stock and 4.44% of its H-share capital stock.

The Zurich-based bank declined to reveal how much it gained from the deal.

Both UBS and BOC noted this move would not affect their business cooperation and both sides would deepen their cooperation in future.

Copyright © 2008 www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today:

To access our page on Bloomberg, type CKFI Related TopicsChina News
外国為替 北京翻译公司 CFD OA系统 门禁 oa办公系统 热处理设备 冷热冲击试验箱 surge arrester bldc motor