China Communications Services Corporation Limited Annual Report 2015 - page 9

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China Communications Services Corporation Limited Annual Report 2015
MILESTONES
AUGUST
The Company was established, with primary service areas including Shanghai,
Zhejiang Province, Fujian Province, Hubei Province, Guangdong Province and Hainan
Province.
DECEMBER
The Company was listed on the Main Board of The Stock Exchange of Hong Kong
Limited. Gross proceeds from the IPO was approximately HK$3.3 billion.
AUGUST
The Company completed the acquisition of the businesses of specialized
telecommunications support services in 13 provinces (municipalities and autonomous
regions) from China Telecommunications Corporation for a consideration of
RMB4,630 million.
APRIL
Mr. Wang Xiaochu resigned as Non-Executive Director and Chairman of the Company,
and was re-designated as the Honorary Chairman. On the same date, Mr. Li Ping was
appointed as Chairman of the Company.
The Company completed the placement of 327 million new H Shares with net
proceeds of approximately HK$1,668 million.
MAY
The Company completed the acquisition of the 100% equity interests in China
International Telecommunications Construction Corporation for a consideration of
RMB505 million.
2006
2007
2008
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