BRIEF-Zhejiang Expressway Receives Notice From Controlling Shareholder On Planning Of Major Asset Restructuring

Reuters
Aug 19
BRIEF-<a href="https://laohu8.com/S/ZHEXF">Zhejiang Expressway</a> Receives Notice From Controlling Shareholder On Planning Of Major Asset Restructuring

Aug 19 (Reuters) - Zhejiang Expressway Co Ltd 0576.HK:

  • RECEIVED NOTICE FROM CONTROLLING SHAREHOLDER REGARDING PLANNING OF MAJOR ASSET RESTRUCTURING

  • PROPOSING TO IMPLEMENT A MAJOR ASSET RESTRUCTURING, WHICH INVOLVES COMPANY MERGING WITH OCEANKING DEVELOPMENT

  • TRANSACTION IS STILL IN PLANNING STAGE & PARTIES HAVE NOT ENTERED INTO ANY FORMAL TRANSACTION DEALS

Further company coverage: 0576.HK

((Reuters.Briefs@thomsonreuters.com;))

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