ACB: Notice of transaction of connected institution (Asia Reach Investments Limited)
ACB: Notice of transaction of connected institution (Asia Reach Investments Limited)
- Name of issuer: Asia Commercial Bank
- Stock code: ACB
- Securities type: Common stock
- Name of connected institution: Asia Reach Investments Limited
- Name of person discharging managerial responsibility (PDMR)/Director: Dominic Scriven OBE
- Position in the listed company: Member of BOD
- Number of shares held by connected institution before transaction: 53,660,449 shares
- Number of shares to be disposed: 1,292,707 shares
- Nature of transaction: negotiation and order matching
- Purpose of transaction: Ensure foreign ownership rate at ACB
- Expected Start date of transaction: 06/08/2019
- Expected End date of transaction: 04/09/2019
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