Shanghai: Sainty Marine announced that a leading shareholder Li Jiu has pledged his 8.68m shares of the company to Guosen Securities.
The total pledged stocks account for 2.32% of the company’s total stock, and the term of the pledge is one year.
The stock pledge will not affect the company’s normal business and operation, an official from the company told SinoShipNews, but she refused to give more details.
Listed Sainty Marine is engaged in shipbuilding and trading. [17/10/14]