Brief: Changfeng Announces Hong Kong IPO Update And Declaration Of Semi-Annual And Special Dividends

CF Energy

30/01/2019 22:33

Jan 30 (Reuters) - Changfeng Energy Inc  CFY.V :
    * CHANGFENG ANNOUNCES HONG KONG IPO UPDATE AND DECLARATION
OF
SEMI-ANNUAL AND SPECIAL DIVIDENDS
    * CHANGFENG ENERGY INC - HAS BEEN ADVISED BY ITS FINANCIAL
ADVISOR
THAT VOLATILE PREVAILING STOCK MARKET CONDITIONS IN HONG KONG
HAVE BEEN NEGATIVE
    * CHANGFENG ENERGY INC -  APPROVED DECLARATION OF A ONE-TIME
TOTAL
PAYOUT FOR A SPECIAL DIVIDEND OF APPROXIMATELY RMB 12.9 MILLION
    * CHANGFENG ENERGY INC - PREVAILING STOCK MARKET CONDITIONS
IN
HONG KONG EXPECTED TO AFFECT SENTIMENT AND APPETITE OF INVESTORS
IN HONG KONG IPO MARKET
    * CHANGFENG ENERGY INC - BOARD OF DIRECTORS OF COMPANY HAS
DECIDED
TO DEFER ITS HK IPO PLAN

Source text for Eikon:  ID:nGNX23Vh0b 
Further company coverage:  CFY.V 

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