Brief: Idg Energy Investment To Lower Number Of Designated Directors From 3 To 2 Directors In Board Of Weipin
21/06/2021 15:58
June 21 (Reuters) - IDG Energy Investment Ltd 0650.HK :
* CO TO LOWER ITS NUMBER OF DESIGNATED DIRECTORS FROM 3 TO 2
DIRECTORS IN BOARD OF WEIPIN
* NO LONGER HAS MAJORITY VOTING RIGHT IN WEIPIN & NO LONGER
HAS
DECISION- MAKING POWER OVER ITS BUSINESS ACTIVITIES
* WEIPIN SHALL CEASE TO BE CONSOLIDATED INTO FINANCIAL
STATEMENTS
OF CO FROM 21 JUNE
Source text for Eikon: ID:nHKScfyDYd
Further company coverage: 0650.HK
((Reuters.Briefs@thomsonreuters.com;))
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