Brief: China Overseas Land & Investment Announces Proposed Spin-Off Of Fund
26/06/2025 02:30
June 26 (Reuters) - China Overseas Land & Investment Ltd 0688.HK: PROPOSED SPIN-OFF OF A PUBLICLY TRADED INFRASTRUCTURE SECURITIES INVESTMENT FUND ON SHENZHEN STOCK EXCHANGE PROPOSED SPIN-OFF CONSTITUTES DISPOSAL OF PROJECT TO INFRASTRUCTURE REIT, OTHERS AT TIME OF PROPOSED LISTING, GROUP WILL SUBSCRIBE FOR 20% OF UNITS IN ISSUE CURRENTLY EXPECTED THAT PUBLIC FUND WILL RAISE RMB1.355 BILLION FOR THE PROPOSED SPIN-OFF Further company coverage: 0688.HK ((Reuters.Briefs@thomsonreuters.com;))
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