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TMCNet:  China Unicom (600050.SH): parent buys 1 pct more shares from Jan. 9-Dec.4

[December 04, 2012]

China Unicom (600050.SH): parent buys 1 pct more shares from Jan. 9-Dec.4

BEIJING, Dec 04, 2012 (Xinhua via COMTEX) -- Shanghai-listed China Unicom (600050.SH) announced Wednesday that its parent company, China United Telecommunications Corp. (China Unicom Group), has purchased on the secondary market 218 million shares of the Shanghai-listed China Unicom from January 9 to December 4, accounting for 1.03 percent of the subsidiary's total.


China Unicom group plans to add stake in China Unicom by no more than two percent of the subsidiary's total share capital within 12 months starting from January 9, 2012. (Edited by Luo Jingjing, luojj@xinhua.org)

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