Brief: Gold Peak Industries' Board Consider A Demerger Of Group's Rechargeable Batteries Business
28/12/2021 14:58
Dec 28 (Reuters) - Gold Peak Industries Holdings Ltd
0040.HK :
* BOARD HAS CONSIDERED A DEMERGER OF GROUP'S RECHARGEABLE
BATTERIES BUSINESS
* DEMERGER THROUGH A DISTRIBUTION IN SPECIE OF ALL OF ISSUED
ORDINARY SHARES IN CAPITAL OF GP ENERGY TECH
* DOES NOT EXPECT THAT GP ENERGY TECH RESTRUCTURING WILL
HAVE A
MATERIAL IMPACT ON FINANCIAL POSITION OF GROUP
* MAY CONSIDER FURTHER CONSOLIDATING, RECHARGEABLE BATTERIES
BUSINESS IN FUTURE
Further company coverage: 0040.HK
((Reuters.Briefs@thomsonreuters.com;))
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