BOCGI definition
Examples of BOCGI in a sentence
As at the date of this announcement, JCC Finance is owned as to 87.33% by the Company, 11% by BOCGI and 1.67% by Jiangxi Copper Products.
BOCGI is a substantial shareholder of JCC Finance, a subsidiary of the Company, thus a connected person of the Company at the subsidiary level under Rule 14A.06(9) of the Listing Rules.
In order to further improve the decision-making efficiency of the subsidiary in an effective manner and strengthen the business integration of the Company, the Company participated in the bidding for the Target Interests, being 11% equity interests in JCC Finance held by BOCGI, in an open tender on the Jiangxi Assets and Equity Exchange.
BOCGI is a wholly-owned subsidiary of Bank of China Limited, which is listed on the Hong Kong Stock Exchange (stock code: 3988) and Shanghai Stock Exchange.
BOCGI is a limited liability company incorporated in Hong Kong on 11 December 1984.
BOCGI has invested in a large number of large infrastructure and other major projects in the Hong Kong and Macau regions, mainland China and overseas, covering such sectors as real estate, industry, energy, transportation, media, hotels and finance.
JCC Financial is owned as to 89% by the Company and its wholly-owned subsidiary, Jiangxi Copper Products, and as to 11% by BOCGI.
In the past 12 months, no connected transactions have been conducted between the Company and BOCGI.
The JCC Financial is owned as to 89% by the Company and its wholly owned subsidiary, the Copper Product Company, and as to 11% by BOCGI.
On 29 June 2018, the Company was confirmed as the transferee of the Target Interests by way of agreement and BOCGI and the Company entered into the Equity Transfer Contract.