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    2357 — AviChina Industry & Technology Co News Story

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    Brief: Avichina Industry & Technology Entered Intent Agreement On Purchase Of Assets By Issuing Shares With Avicopter PLC

    Picture of AviChina Industry & Technology Co logoAviChina Industry & Technology Co
    23/12/2022 14:17
    Dec 23 (Reuters) - AviChina Industry & Technology Co Ltd
 2357.HK :
    * ENTERED INTENT AGREEMENT ON PURCHASE OF ASSETS BY ISSUING
SHARES
WITH ITS SUBSIDIARY, AVICOPTER PLC
    * PROPOSES TO DISPOSE OF ITS STAKE IN CHANGHE AIRCRAFT
INDUSTRY
(GROUP) AND HARBIN AIRCRAFT INDUSTRY GROUP TO AVICOPTER
    * AVICOPTER HAS APPLIED FOR A TRADING SUSPENSION ON SHANGHAI
STOCK
EXCHANGE FROM 26 DEC
    * AVICOPTER IS EXPECTED TO DISCLOSE FINAL PLAN FOR PROPOSED
RESTRUCTURING WITHIN 10 TRADING DAYS

Source text for Eikon:  ID:nHKS6KKsMW 
Further company coverage:  2357.HK 
 ((Reuters.Briefs@thomsonreuters.com;))

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