CDF, on behalf of CDIB, announced the notice to creditors of CDIB about CDIB terminate securities business.

2015-04-30
Announcements

Date of announcement  2015/04/30
Time of announcement  18:56:37
Date of events  2015/04/30 
Statement 
1.Date of occurrence of the event:2015/04/30
2.Company name: China Development Industrial Bank (CDIB)
3.Relationship to the Company (please enter ”head office” or
  ”subsidiaries”): subsidiaries
4.Reciprocal shareholding ratios:100%
5.Name of the reporting media: N/A
6.Content of the report: N/A
7.Cause of occurrence:
I.CDIB will transfer its commercial banking business to
KGI Bank. Thus, CDIB will terminate securities business
since May 1st, 2015.
II. Any securities business related creditor of CDIB who
has an objection against the termination of  securities
business may, within 30 days after this announcement,
submit a written objection of its right to court. Notice
is hereby given that it shall be deem with no objection
in case the creditor does not raise the objection within
the prescribed time limit.
8.Countermeasures:Announce the notice to each  securities
business related creditor of CDIB.
9.Any other matters that need to be specified:None
 

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