Brief: Founder Holdings Updates On Restructuring Proposal
20/12/2022 10:18
Dec 20 (Reuters) - Founder Holdings Ltd 0418.HK :
* UPDATES ON RESTRUCTURING PROPOSAL
* INDIRECT CONTROLLING SHAREHOLDER TRANSFERRED ENTIRE STAKE
IN
CO'S DIRECT CONTROLLING SHAREHOLDER TO NEW FOUNDER HOLDINGS
DEVELOPMENT
* FOLLOWING COMPLETION OF TRANSFER, NEW FOUNDER GROUP
INDIRECTLY
HOLDS 30.60% STAKE OF CO
Further company coverage: 0418.HK
((Reuters.Briefs@thomsonreuters.com;))
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