Brief: China Conch Venture Proposes Spin-Off And Separate Listing Of CV Green Energy

China Conch Venture Holdings

06/05/2022 15:45

May 6 (Reuters) - China Conch Venture Holdings Ltd
 0586.HK :
    * PROPOSED SPIN-OFF AND SEPARATE LISTING OF CV GREEN ENERGY
ON
SHANGHAI STOCK EXCHANGE
    * EXPECTED THAT, UPON PROPOSED SPIN-OFF AND LISTING, CO WILL
REMAIN AS CONTROLLING SHAREHOLDER OF CV GREEN ENERGY
    * SPONSOR TO CV GREEN ENERGY IN PROPOSED SPIN-OFF AND
LISTING
SUBMITTED APPLICATION TO COMMENCE PRE-LISTING TUTORING PROCESS
    * EXPECTS THAT, UPON COMPLETION OF PROPOSED SPIN-OFF AND
LISTING,
CO'S STAKE IN CV GREEN ENERGY WILL BE REDUCED

Further company coverage:  0586.HK 

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