Brief: United Electronic Technology To Simplify Group Structure

aconnic AG

05/07/2019 11:51

July 5 (Reuters) - UET UNITED ELECTRONIC TECHNOLOGY AG
 CFCG.DE :
    * DGAP-NEWS: UET UNITED ELECTRONIC TECHNOLOGY AG: DECIDED
SIMPLIFICATION OF THE GROUP STRUCTURE
    * DECIDED TO SIMPLIFY ITS CORPORATE STRUCTURE AND TO REDUCE
NUMBER
OF LEGAL ENTITIES BY SIX COMPANIES THROUGH A MERGER WITHIN GROUP
    * COMPANIES ARE SPECIAL PURPOSE VEHICLES INCORPORATED FOR
ACQUISITION OF COMPANIES IN YEARS 2007 TO 2008
    * AFTER WAITING FOR APPROPRIATE HOLDING TIME ALL POTENTIAL
CLAIMS
AND RISKS ARE EXCLUDED
    * NO CHANGE IN CAPITAL STRUCTURE AND THUS NO CHANGE IN
SHAREHOLDER
STRUCTURE

Source text for Eikon:  ID:nEQbF8vWqa 
Further company coverage:  CFCG.DE 

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