Chinese commodity exchange BOCE acquires 50% of Ukrainian stock exchange

Chinese commodity exchange BOCE acquires 50% of Ukrainian stock exchange

Chinese commodity exchange Bohai Commodity Exchange (BOCE, Hong Kong) has acquired a 49.9% stake of Ukrainian JSC PFTS Stock Exchange

Chinese commodity exchange Bohai Commodity Exchange (BOCE, Hong Kong) has acquired a 49.9% stake of Ukrainian JSC PFTS Stock Exchange according to stock market of the National Commission on Securities and Stock Market (NSSMC).

Primeview LTD (8.5%, Belize), Dakal LTD (9.37%, Belize), Crookston Limited (9.06%, Belize), and Boline LTD (9.21%, Marshall Islands) have withdrawn from the list of PFTS owners.

"Parvana LTD reduced its stake from 8.9% to 0.11%. At the same time, Asset Management Company and Pension Fund Administrator Altana Investment Management increased its stake from 2.3% to 5.1%," stated in the material.

In early December 2019, BOCE announced its intention to acquire 49.9% of the shares of the Ukrainian PFTS Exchange.

BOCE is China's largest commodity exchange with an annual turnover of one trillion dollars.

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