ACB: Notice of transaction of connected institution
ACB announces the notice of transaction of connected institution as follows:
- Name of issuer: Asia Commercial Bank
- Stock code: ACB
- Name of trading institution: Standard Chartered Bank (Hong Kong) Limited
- Representative: Julian Fong Loong Choon
- Position of representative in the listed company: Director
- Securities type: Common stock
- Number of shares held by the shareholder: 39,803,244 shares ( 6.26% of the charter capital)
- Number of shares to be disposed: 133,627 shares
- Expected total holding following transaction and total percentage holding following transaction: 39,669,617 shares ( 6.24% of the charter capital)
- Purpose of transaction: Decrease shareholding
- Expected date of transaction: From 06/5/2009 to 06/6/2009
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