Brief: Hifood Group Got Notification Letter From HNA Tourism Group About Court Ruling
March 16 (Reuters) - Hifood Group Holdings Co Ltd 0442.HK :
* GOT NOTIFICATION LETTER FROM HNA TOURISM GROUP THAT COURT
DETERMINED IT SHOULD UNDERGO REORGANISATION
* RESTRUCTURING OF HNA TOURISM MAY HAVE IMPACT ON GROUP'S
SHAREHOLDING STRUCTURE AND BUSINESS DEVELOPMENT
* RESTRUCTURING OF HNA TOURISM SHALL NOT HAVE ANY MATERIAL
ADVERSE
IMPACT ON DAILY BUSINESS OPERATION OF GROUP
* THERE IS NO CERTAINTY THAT RESTRUCTURING OF HNA TOURISM
WILL
SUCCEED
Source text for Eikon: ID:nHKS96zVrd
Further company coverage: 0442.HK
((reuters.briefs@thomsonreuters.com))
Recent news on Domaine Power Holdings
See all newsBrief: Domaine Power Conditionally Agreed To Purchase 136,136 Shares In VAX For HK$100 Mln
Brief: Domaine Power Says Rights Issue Of 1 Rights Share For Every 2 Existing Shares To Raise Up To HK$61 Million
Brief: Domaine Power Says Unit To Buy Memberships For HK$15.7 Million
Brief: Domaine Power Disposed 69.2 MLN Lisi Group Shares For Hk$12 MLN From 4 Nov To 22 Nov
Brief: Hifood Group Holdings Says Chau Chi Lai Resigned From Position Of Chief Financial Officer