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Hangang will issue warrant


http://finance.sina.com.cn 03:03, February 9, 2006 Sichuan Online - West China Metropolis Daily

Hangang

Handan Steel ( information quotation forum ) Last night, we announced the adjustment of the share reform plan, and the new consideration is 10 free shares and 9 to 7 warrants. The exercise price of the warrant is 2.8 yuan and the validity period is 12 months. In addition, Handan Iron and Steel Group promised to increase its holdings of 300 million outstanding shares through the exchange at a price of no more than 3.5 yuan within two months from the date of implementation of the share reform plan. (Lin Lan)


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