Brief: Brilliance China Automotive Announces Update On Restructuring Of Controlling Shareholder

Brilliance China Automotive Holdings

05/02/2024 15:33

Feb 5 (Reuters) - Brilliance China Automotive Holdings
Ltd  1114.HK :
    * UPDATE ON RESTRUCTURING OF CONTROLLING SHAREHOLDER
    * INFORMED PROPOSED DISPOSAL OF 0.44% STAKE HELD BY UNIT BY
WAY OF
AUCTION SALE TERMINATED
    * LIAONING XINRUI WILL COMPLETE DISPOSAL OF 0.44% STAKE
THROUGH
OTHER MEANS AS PART OF HUACHEN RESTRUCTURING
    * INFORMED BY HUACHEN PLAN FOR HUACHEN RESTRUCTURING AS
APPROVED
BY COURT
    * SHENYANG AUTOMOBILE ENTERED CONDITIONAL INVESTMENT
AGREEMENT TO
ACQUIRE 100% STAKE IN HUACHEN

Source text for Eikon:  ID:n11063146-1 
Further company coverage:  1114.HK 

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