Caixin
Aug 03, 2011 05:56 PM

CSR Postpones Financing Deal After Train Collision


(Beijing) -- China South Locomotive & Rolling Stock Corp. (CSR) (SHE: 601766) (HKEX: 01766), China's largest railway equipment maker, announced it would postpone a shareholders vote on a major share placement deal, following the fatal train collision last month that killed at least 40 people.

The meeting, originally set for August 5, will be delayed to September 29, the company said in an exchange filing on August 2.

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