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01733 E-COMMODITIES
RTNominal down1.060 -0.020 (-1.852%)
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16/07/2014 09:52

Winsway (01733) Chairman pledges 29.9% stake to SOE

[ET Net News Agency, 16 July 2014] Winsway Coking Coal (01733) said its Chairman and
controlling shareholder Wang Xingchun pledged about 1.13 billion shares in favour of a
state-owned enterprise in the PRC as security for the performance of certain contractual
obligations of Beijing Winsway Investment Co., Ltd., a company indirectly owned by Wang.
The pledged shares represent about 29.9% of the issued shares of Winsway. Wang currently
holds about 49.1% interest in Winsway. (HL)

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