Tet Fu International Asset Restructuring Passed to Shanghai Exchange Review Committee for Examination
Deep News
Jul 31
Keda Industrial Group Co., Ltd. stated during a recent investor survey that the asset restructuring process involving Tet Fu International has now reached the review stage of the Shanghai Stock Exchange's Merger and Acquisition (M&A) Committee. The company emphasized that the restructuring transaction still requires approval, review, or registration from relevant regulatory authorities before it can be implemented. It cautioned that there is uncertainty regarding whether the approval will be granted and the timeline for any such approval, urging investors to be mindful of investment risks.
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