Brief: Dongyue Group Says Restructuring Proposals May Involve A Change In Shareholding Of Macrolink

Dongyue

19/09/2023 16:02

Sept 19 (Reuters) - Dongyue Group Ltd  0189.HK :
    * RESTRUCTURING PROPOSALS MAY INVOLVE A POTENTIAL CHANGE IN
SHAREHOLDING OF MACROLINK IN COMPANY
    * RESTRUCTURING PROCESS IS SUBJECT TO CHANGE AND DEVELOPMENT
    * WILL COMPLY WITH APPLICABLE REGULATORY REQUIREMENTS, IF
ANY, IN
RELATION TO IMPLEMENTATION OF JUDICIAL RESTRUCTURING.
    * EMPHASIZE THAT BUSINESS OPERATIONS OF GROUP ARE STABLE AND
FINANCIAL CONDITIONS OF GROUP REMAIN HEALTHY
    * MAY CONDUCT FUND-RAISING ACTIVITIES INCLUDING BUT NOT
LIMITED
TO, SPIN-OFF AND SEPARATE LISTING OF ITS SUBSIDIARY
    * NO CONCRETE PLAN HAS BEEN FORMALISED AS AT DATE OF THIS
ANNOUNCEMENT.

Further company coverage:  0189.HK 

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