SIIC Environment Holdings Ltd. has announced a proposed internal reorganisation involving a change in the registered owner of its controlling shareholder, SIIC, to Golden Bell. This reorganisation follows a proposal from the Shanghai Government, which currently owns the entire issued shares of both SIIC and SIIC Shanghai, the latter holding all shares of Golden Bell. The company emphasized that ultimate control will remain with the Shanghai Government, and there will be no change in the company's ultimate ownership structure. As of the announcement date, the reorganisation has not yet been completed, and shareholders are advised to exercise caution when dealing in the company's securities.
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