Contiocean Environment Tech Group Co. Ltd. Moves Forward with NEEQ Delisting; Announces Protective Measures for Dissenting Shareholders

Reuters
Jul 16
Contiocean Environment Tech Group Co. Ltd. Moves Forward with NEEQ Delisting; Announces Protective Measures for Dissenting Shareholders

ContiOcean Environment Tech Group Co., Ltd. has announced its decision to apply for the delisting of its domestic shares from the National Equities Exchange and Quotations (NEEQ). This move is part of the company's strategic decision to focus on other growth opportunities. The company has scheduled the 2025 Second Extraordinary General Meeting to discuss and authorize matters related to this delisting application. Additionally, the meeting will cover the proposed adoption of the 2025 H Share Restricted Share Scheme. The date for this significant meeting has not been provided in the document. Protective measures are also being considered to safeguard the interests of dissenting domestic shareholders during the delisting process.

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