Aluminum Corporation of China
(A joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: ACH) Document in pdf format: click here
PRICE SENSITIVE INFORMATION
Announcement in relation to the Company as the ultimate transferee of equity interests in six aluminum companies
This announcement is issued pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
As approved at the 2008 EGM of Aluminum Corporation of China Limited (hereafter as the “Company”), the Company submitted to China Beijing Equity Exchange on 12 May 2008 the application to acquire 100% of the equity interests in Lanzhou Liancheng Longxing Aluminum Company Limited, 100% of the equity interests in Chinalco Southwest Aluminum Cold Rolling Company Limited, 84.02% of the equity interests in Chinalco Henan Aluminum Company Limited, 75% of the equity interests in Chinalco Ruimin Co., Ltd., 60% of the equity interests in Chinalco Southwest Aluminum Co., Ltd. and 56.86% of the equity interests in Huaxi Aluminum Company Limited from Aluminum Corporation of China and China Nonferrous Metals Processing Technology Co., Ltd. (hereafter as “Transferors”). The equity interests of the above companies are listed on China Beijing Equity Exchange for bidding at a consideration of RMB4,174.7589 million. On 13 May 2008, the Company received the confirmation from China Beijing Equity Exchange and became the ultimate transferee of the aforementioned equity interests.
The Company will publish further details of the transfer upon the formal execution of the equity transfer agreement with the Transferors.
By order of the Board of
Beijing, PRC
14 May 2008
As of the date of this announcement, the members of the Board comprise of Mr. Xiao Yaqing, Mr. Luo Jianchuan, Mr. Chen Jihua and Mr. Liu Xiangmin (Executive Directors); Mr. Shi Chungui (Non-executive Director); Mr. Kang Yi, Mr. Zhang Zhuoyuan, Mr. Wang Mengkui and Mr. Zhu Demiao (Independent Non-executive Directors).
* For identification purpose only.
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