Jun 14, 2021 04:36 PM (GMT+8) · EqualOcean
Kaiser tourism and Zhongxin tourism both announced that Kaiser tourism and Zhongxin tourism are planning to exchange shares to absorb Zhongxin tourism and issue shares to raise supporting funds by issuing shares to all shareholders of Zhongxin tourism. The trading of shares and corporate bonds of the two companies has been suspended since June 15 and is expected to be suspended for no more than five trading days. The merger will not result in the change of the actual controller of the company.