Brief: China Zenith Chemical's Unit Gets Notice That Authority Has Temporarily Taken Over Unit's Ops

China Zenith Chemical

06/09/2022 16:10

Sept 6 (Reuters) - China Zenith Chemical Group Ltd
 0362.HK :
    * UNIT GOT NOTICE THAT CERTAIN AUTHORITY HAS TEMPORARILY
TAKEN
OVER OPERATIONS OF MUDANJIANG BD POWER
    * HAD NOT BEEN ABLE TO MEET REQUIREMENTS ON COAL STORAGE,
MAINTENANCE OF PLANTS AND CAPITAL REQUIREMENTS IMPOSED BY
AUTHORITY
    * ENGAGED ITS LEGAL ADVISERS TO ADVISE ON IMPLICATION OF
NOTICE
    * MUDANJIANG BD POWER WOULD BE UNDER CONTROL AND MANAGEMENT
OF
AUTHORITY AS LONG AS NOTICE IS IMPOSED

Source text for Eikon:  ID:nHKS5FKnls 
Further company coverage:  0362.HK 

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