China Unicom, China Netcom to postpone release of scheme document and circular

Tue. June 24, 2008; Posted: 03:36 AM

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BEIJING, Jun 24, 2008 (Xinhua via COMTEX) -- CHU | Quote | Chart | News | PowerRating -- China Unicom (0762.HK; CHU.NYSE) and China Netcom (0906.HK; CN.NYSE) have applied to the Hong Kong Stock Exchange for an extension of time for the dispatch of a scheme document regarding the proposed merger (Scheme Document) of the two companies, and a circular containing further details of the proposals and the very substantial acquisition (Circular).

The Scheme Document and the Circular, which should be dispatched on or before July 7 and June 23 respectively, were proposed for release before September 16.

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