Yanzhou coal notified by Templeton Asset Management of exceeding 5pct holding
BEIJING, Dec. 29 (Xinhua) - Yanzhou Coal Mining (YZC.NYSE; 01171.HK; 600188.SH), a major Chinese coal producer controlled by Yankuang Group, announced late Sunday that it was notified by Templeton Asset Management, Ltd that the latter had held approximately 5.03 percent stake in Yanzhou Coal through H share trading as of December 24.
Capital and independent accounts managed by Templeton Asset Management holds 247 million H shares of Yanzhou Coal as of December 24 through stock market trading, the company said.
With a registered capital of 460 million US dollars, Templeton Asset Management is 100 percent owned by Franklin Templeton Capital Holding Private Limited. (Edited by Niu Huizhe, email@example.com)