Brief: Dongyue Group Approves Spin-Off Of Shandong Dongyue Future Hydrogen Energy Materials
09/04/2020 15:01
April 9 (Reuters) - Dongyue Group Ltd 0189.HK :
* RESOLVED TO APPROVE SPIN-OFF OF SHANDONG DONGYUE FUTURE
HYDROGEN
ENERGY MATERIALS
* SPIN-OFF OF BY SEPARATE OFFERING & LISTING OF DONGYUE
FUTURE'S
SHARES ON SCI-TECH INNOVATION BOARD OF SHANGHAI STOCK EXCHANGE
* PROPOSED SPIN-OFF EXPECTED TO ACCELERATE DEVELOPMENT OF
DONGYUE
FUTURE'S BUSINESS. AMONG OTHERS
* IF PROPOSED SPIN-OFF IS PROCEEDED WITH, TO SUBMIT SPIN-OFF
PROPOSAL ON PROPOSED SPIN-OFF TO HONG KONG STOCK EXCHANGE FOR
APPROVAL
Source text for Eikon: ID:nHKS2dngzM
Further company coverage: 0189.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Dongyue
See all newsBrief: Dongyue Group Reports Shandong Dongyue Organosilicon Materials' 9M Results
Brief: Dongyue Estimated 9M Net Profit Attributable For Dongyue Organosilicone To Be RMB547-567 Million
China's Dongyue Group H1 profit rises on refrigerant business strength
Brief: Dongyue Group Posts HY Net Income Attributable Of RMB 1,027 MLN
Brief: Dongyue Group Expects Net Profit Attributable For HY To Increase Over 31%