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1610 — COFCO Joycome Foods News Story

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Brief: Cofco Joycome Foods Approves Proposed Merger Of Zhuo Mao Limited With Company

BRIEF-Cofco Joycome Foods Approves Proposed Merger Of Zhuo Mao Limited With Company

- COFCO Joycome Foods 1610.HK:

  • PROPOSED MERGER WITH- A DIRECT WHOLLY-OWNED SUBSIDIARY

  • APPROVED PROPOSED MERGER OF ZHUO MAO LIMITED WITH AND INTO COMPANY

  • WILL BE SURVIVING COMPANY AND WILL CONTINUE WITHOUT INTERRUPTION AS SAME LEGAL ENTITY

  • MERGING COMPANY WILL CEASE TO EXIST AS A SEPARATE LEGAL ENTITY UPON MERGER

  • MERGER IS AN INTERNAL REORGANISATION OF GROUP

  • EACH ISSUED, OUTSTANDING SHARE IN MERGING CO WILL BE CANCELLED FOR NO CONSIDERATION

  • MERGER NOT EXPECTED TO HAVE MATERIAL ADVERSE EFFECT ON CONSOL FINANCIAL POSITION OF GROUP

Further company coverage: 1610.HK


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

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