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Stock Market & Financial Investment News

News Breaks
March 25, 2014
12:57 EDTFFHLFuwei Films says successful bid has been made for 52.9% of shares
Fuwei Films announced that it has become aware that the fifth public auction by which the company's controlling shareholder, the Weifang State-owned Assets Operation Administration Company, a wholly-owned subsidiary of Weifang State-owned Asset Management and Supervision Committee sought to sell control over 6,912,503, or 52.9%, of its outstanding ordinary shares, resulted in the acceptance of a successful bid. It is learned that the bidder is expected to receive control over 52.9% of the company's outstanding ordinary shares at a price of RMB101, 800,000, or approximately $16.57M, or approximately $2.40 per ordinary share.
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December 11, 2014
08:03 EDTFFHLFuwei Films receives listing non-compliance note
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