Brief: China Resources Gas Says Court Ruling On Restructuring Of Controlling Shareholder Of Chongqing Gas
12/01/2023 12:23
Jan 12 (Reuters) - China Resources Gas 1193.HK :
* COURT RULING ON RESTRUCTURING OF CONTROLLING SHAREHOLDER
OF
CHONGQING GAS
* INFORMED, ON 23 DEC, COURT ISSUED RULING APPROVING
CONSOLIDATION
& RESTRUCTURING PLAN OF 16 CO'S
* ALL OF 645.4 MILLION SHARES IN REGISTERED CAPITAL OF
CHONGQING
GAS HELD BY CHONGQING ENERGY SHALL BE USED TO SETTLE DEBTS
* IF RESTRUCTURING PLAN IS SUCCESSFULLY IMPLEMENTED,
CHONGQING
ENERGY WILL CEASE TO BE CONTROLLING SHAREHOLDER OF CHONGQING GAS
* EXPECTED THAT COMPANY WILL SUBSEQUENTLY BECOME CONTROLLING
SHAREHOLDER OF CHONGQING GAS
Further company coverage: 1193.HK
((Reuters.Briefs@thomsonreuters.com;))
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