Leoch International Pushes Forward Battery Unit Debut

MT Newswires Live

02/02

Leoch International Technology (HKG:0842) said dealings in its Leoch Energy unit will commence later than planned, according to a Hong Kong bourse filing Monday.

The firm plans to spin-off the battery seller in the U.S. and now expects trading in its shares to begin on March 3 as opposed to Feb. 4 previously.

Leoch International said the delay was to give Leoch Energy more time to secure U.S. regulatory approval.

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