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442 - Hifood Group Co News Story

HK$2 0.0  0.0%

Last Trade - 24/09/21

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £32.4m
Enterprise Value £29.0m
Revenue £15.3m
Position in Universe th / 6152

BRIEF-Hifood Group Got Notification Letter From HNA Tourism Group About Court Ruling

Tue 16th March, 2021 3:05pm
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 

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