Brief: Precision Tsugami (China) Corporation Says Informed That Board Of Tsugami Japan To Pursue Disposal

Precision Tsugami (China)

21/04/2023 07:49

April 21 (Reuters) - Precision Tsugami (China)
Corporation Ltd  1651.HK :
    * INFORMED BY CONTROLLING SHAREHOLDER THAT BOARD OF TSUGAMI
JAPAN
HAS RESOLVED TO PURSUE A PLAN FOR DISPOSAL
    * NO BINDING ARRANGEMENT HAS BEEN ENTERED INTO FOR DISPOSAL
AS AT
DATE OF THIS ANNOUNCEMEN
    * TSUGAMI JAPAN WILL REMAIN A CONTROLLING SHAREHOLDER OF CO
AFTER
DISPOSAL
    * BOARD OF TSUGAMI JAPAN RESOLVED TO PURSUE PLAN FOR
DISPOSAL A
TOTAL OF 22.5 MILLION SHARES OF CO

Further company coverage:  1651.HK