Brief: China Tonghai International Says As At Date, Provisional Liquidator To Oceanwide Not Appointed
18/05/2023 16:42
May 18 (Reuters) - China Tonghai International Financial
Ltd 0952.HK :
* AS AT DATE OF ANNOUNCEMENT, COUNDERSTANDS THAT PROVISIONAL
LIQUIDATOR TO OCEANWIDE HOLDINGS NOT YET APPOINTED
* IT IS EXPECTED THAT PRE-RESTRUCTURING PROCESS WILL NOT BE
COMPLETED BEFORE 30 JUNE 2023
* UNLIKELY THAT OCEANWIDE HOLDINGS WOULD BE ABLE TO UNFREEZE
SHARES OF TARGET COMPANY BY 30 JUNE 2023
Source text for Eikon: ID:nHKS91f36M
Further company coverage: 0952.HK
((Reuters.Briefs@thomsonreuters.com;))
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